Eurex Clearing
1. Introduction
Eurex Clearing AG (Eurex Clearing) will conduct the next simulation of its Default Management Process (DMP).
Simulation start: 20 April 2021
Simulation end: 28 April 2021
2. Required action
Clearing Members whose participation in the simulation is mandatory will be contacted directly by Eurex Clearing. All other Clearing Members or Disclosed Direct Clients may participate in the simulation on a voluntary basis using the attached registration form.
3. Details of the initiative
Eurex Clearing AG will simulate the default of a Clearing Member with open positions in the following liquidation groups:
From 20 April until 23 April 2021:
From 26 April until 28 April 2021:
Further information, including the “2021 DMP Simulation Guide” document, can be obtained from the Member Section under the following path:
Resources > Eurex Clearing > Documentation & Files > Default Management Process
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.
Attachment:
Further information
Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors, all FCM Clearing Members and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice | |
Contact: | Risk Exposure Management: tel. +49-69-211-1 24 52, Default Management: DMP_Inbox@eurexclearing.com | |
Web: | www.eurex.com/ec-en/ | |
Authorised by: | Dmitrij Senko |
