06 Aug 2021

Eurex Clearing

Amendments to the Price List of Eurex Clearing AG

Eurex Clearing Circular 072/21 Amendments to the Price List of Eurex Clearing AG


1.    Introduction

This circular contains information about amendments to the Price List of Eurex Clearing AG (Price List) in the context of the introduction of the new securities clearing platform "C7 Securities Clearing Service" (C7 SCS) for securities transactions arising from trades executed on Eurex Exchange and for trades executed on Frankfurt Stock Exchange (Xetra and Börse Frankfurt). 

The amendments will become effective as of 27 September 2021.

Learn more about C7 SCS on our dedicated initiative page under the following link: Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 1.0. System documentation, circulars, timeline and much more information is available there for you.

2.  Required action

There is no action required.

3.  Details

Eurex Clearing AG introduces a new securities clearing platform C7 SCS for securities transactions in CCP-eligible instruments arising from trades executed on Eurex Deutschland (MIC: XEUR) and from trades executed on Frankfurt Stock Exchange (MICs: XETR and XFRA).

The amendments of the Price List relate to clearing fees and to fees for services offered in the context of C7 SCS.

The following numbers of the Price List will be amended as outlined in the Attachment:

  • Number 3.11 (Physical Delivery resulting from Derivatives Positions)
  • Number 6 (Transaction Fees of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse, FWB))
  • Number 8 (Service Fees Eurex Clearing, Eurex Deutschland, Frankfurt Stock Exchange (FWB) and Repo Transactions)

The amendments of the Price List will become effective on 27 September 2021. As of the effective date, the full version of the amended Price List will be available for download on the Eurex Clearing website www.eurex.com/ec-en/ under the following link:

Rules & Regs > Rules and Regulations > Price List

The 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 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.

Attachment:

  • Amended numbers of the Price List of Eurex Clearing AG


Further information

Recipients:

All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Related circulars:

Eurex Clearing circulars 037/21, 084/20, 034/20

Contact:

client.services@eurex.com

Web:

Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 1.0

Authorized by:

Jens Janka