A member of
Eurex Clearing
1. Introduction
This circular contains information with respect to Eurex Clearing’s amendments to the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) and Price List of Eurex Clearing AG (Price List) regarding the following topic:
In this context, the respective provisions of the Clearing Conditions and Price List will be amended effective 1 July 2020.
2. Required action
There is no action required.
3. Details of the initiative
In conjunction with the decision taken by the Management Board of Eurex Deutschland to withdrawal admission of:
as announced with Eurex circular 042/20, Eurex Clearing will discontinue the clearing services for these products with effect from 1 July 2020.
To reflect the amendments, the following provisions will be amended as outlined in the attachments with effect as of 1 July 2020:
Please refer to Eurex circular 042/20 for further information.
As of the effective date, the full version of the amended Clearing Conditions and Price List will be available for download on the Eurex Clearing website www.eurexclearing.com under the following link:
Resources > Rules and Regulations
The changes and amendments to the legal framework of Eurex Clearing AG published by this circular are deemed accepted by each affected contractual party of Eurex Clearing AG, unless the respective contractual party objects by written notice to Eurex Clearing AG within the first ten (10) Business Days after publication. Any ordinary right of Eurex Clearing AG to terminate the respective contract (including a Clearing Agreement, if applicable) shall remain unaffected.
Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.
Attachments:
Further information
Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors, all FCM Clearing Members and other affected contractual parties |
Target groups: | Front Office/Trading, Middle + Backoffice |
Contact: | client.services@eurexclearing.com |
Web: | www.eurexclearing.com |
Related circular: | Eurex circular 042/20 |
Authorised by: | Heike Eckert |