Eurex Clearing
C7, Eurex Clearing’s new clearing architecture, will replace the existing Eurex Clearing classic system in a stepwise approach.
This circular provides information for the simulation and the production launch of the initial C7 release; it contains in particular the timeline, some specifics for the simulation, and a list of documents for the simulation start.
To preparefor the production launch, Eurex Clearing will offer access to a simulation environment. Simulation for the initial release of C7 will start on 15 April 2014 and will be available beyond the production launch on 30 June 2014.
As described in Eurex Clearing circular 097/13, the initial release of C7, which is optional for Members, will extend the existing segregation functionality.
Eurex Clearing recommends all Clearing Members (CMs) and Non-Clearing Members (NCMs) active in clearing and/or trading of listed derivatives available at Eurex Exchange and being interested in the initial C7 release to start the necessary preparations soon. They should contact their Independent Software Vendors and Multi-Member Service Providers to evaluate the impact and agree on software tests and migration stages if participation in C7 is desired from the beginning.
