A member of
Eurex Clearing
1. Introduction
This circular contains information with respect to the service offering of Eurex Clearing AG (Eurex Clearing) and introduces amendments to the Price List of Eurex Clearing AG (Price List) regarding the following topic:
The amendments will become effective as of 1 March 2022.
2. Required action
There is no required action.
3. Details
Non-disclosure is an optional feature for transactions above a certain volume threshold. Where this threshold is reached or exceeded, the entering trader of bilateral TES or EnLight trades can select intraday publication or non-disclosure by Eurex Exchange’s T7 for these trades. The default setting for transactions above a certain volume threshold is set to non-disclosure in T7.
As announced in Eurex circular 010/22, Eurex Deutschland has decided to introduce intra-day non-disclosure limits for TES trades and Eurex EnLight trades in Euro-Bono-Futures.
Effective 1 March 2022, the following non-disclosure limits will apply:
Product | Non-disclosure limit |
Euro-Bono-Futures (FBON) | 1,000 contracts |
To reflect these amendments, the following provisions will be amended as outlined in the attachment:
Please refer to Eurex circular 010/22 for further information.
As of the effective date, the full versions of the amended Price List and the Clearing Conditions will be available for download on the Eurex Clearing website www.eurex.com/ec/en/ under the following link:
Rules & Regs > Eurex Clearing Rules and Regulations
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, as applicable.
Attachment:
Further information
Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients and FCM Clearing Members of Eurex Clearing AG, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Contact: | client.services@eurex.com | |
Related circular: | Eurex circular 010/22 | |
Web: | www.eurex.com/en-ec/ | |
Authorized by: | Matthias Graulich |