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Eurex Clearing
On 8 February 2016, Eurex Clearing AG published a Porting Notice with respect to the Elementary Omnibus Standard Agreement (Pool ID: FMBFRXSTANDARD) (customer transactions) entered into between Eurex Clearing AG and its Clearing Member Maple Bank GmbH (Member ID: FMBFR). According to the Porting Notice, the Porting Period ended at 13:00 (Frankfurt am Main local time) on 9 February 2016. On 9 February 2016, Eurex Clearing AG extended the Porting Period until 18:00 (Frankfurt am Main local time) on 9 February 2016.
Eurex Clearing AG hereby informs you that the Porting Requirements pursuant to Chapter I Part 2 Number 8.3.3 (i) to (iv) of the Clearing Conditions of Eurex Clearing AG with respect to the Elementary Omnibus Standard Agreement (Pool ID: FMBFRXSTANDARD) were not fulfilled by the end of the extended Porting Period.
With effect as of 18:00 (Frankfurt am Main local time) on 9 February 2016, a Termination and a Termination Date occurred with respect to all existing Elementary Omnibus Transactions under the Elementary Omnibus Standard Agreement (Pool ID: FMBFRXSTANDARD). Eurex Clearing AG immediately initiated the relevant liquidation procedures.