17 Nov 2021

Eurex Clearing

Production launch C7 Release 8.0

Eurex Clearing Circular 101/21 Production launch C7 Release 8.0


1. Introduction

With this circular, Eurex Clearing reminds of the production launch of C7 Release 8.0 on Monday, 22 November 2021 as announced in Eurex Clearing Circular 048/21 and Eurex Clearing Circular 089/21. All Eurex Clearing Members are affected by the introduction of C7 Release 8.0.

The simulation environment has been available since 20 September 2021.

Learn more about C7 Release 8.0 on our dedicated initiative page under the following link: 

Support > Initiatives & Releases > C7 Releases > C7 Release 8.0. System documentation, circulars, timeline and much more information is available there for you.

2.  Required action

Please prepare for the release and make sure that all your release contacts have subscribed for Eurex Clearing Circulars and Newsflashes on the Eurex Clearing website under the following path: Find > Subscriptions.

Clearing Members are requested to submit their Readiness Statement as announced in Eurex Clearing Readiness Newsflash from 29 October 2021.

3.  Details of the initiative

With C7 Release 8.0, functional and technical changes are:

  • Cash settlement of options processing
  • Report changes: 
    • Cash settlement options
    • Corporate action reports (reports only, the new behavior will be introduced at a later point)
    • Collateral report enhancements
    • Deliverable Bonds report
    • NameSpace in XML Reports and Notification Messages
  • Optional four-eyes processing in C7 GUI
  • FIXML Broker migration

Eurex Clearing provides a description of the changes that are introduced with C7 Release 8.0 in the Release Notes on the Eurex Clearing website under the following location: Support > Initiatives & Releases > C7 Releases > C7 Release 8.0 > Overview & Functionality.

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.
 

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 and newsflashes:


Eurex Clearing Circular 048/21,
Eurex Clearing Circular 089/21
Eurex Clearing Newsflash from 29 October 2021

Contact:

client.services@eurex.com

Web:

Support > Initiatives & Releases > C7 Releases > C7 Release 8.0

Authorized by:

Jens Janka