A member of
Eurex Clearing
1. Introduction
This circular contains information about amendments to the Price List of Eurex Clearing AG (Price List), Number 8 “Service Fees Eurex Clearing, Eurex Deutschland, Frankfurt Stock Exchange (FWB) and Repo Transactions”, regarding the following topics:
The amendments will come into effect as of 1 March 2022.
2. Required action
There is no action required.
3. Details
Limitation of the monthly service fee for the “Net/Split service” to FWB Trading Participants
Non-FWB Trading Participants having opted for the “Net/Split service” will be exempted from the monthly service fee. Respectively the “Net/Split service” for non-FWB Trading Participants will be free of charge. The corresponding fee table will be shifted in the Price List from Number 8.3.6 to Number 8.2.5.
Decommissioning of temporary waiver for the “Service Fee for the Provision of Linking”
After introduction of the authorization concept for the C7 SCS Linking Service on 24 January 2022 only those Members who explicitly enabled “Linking before Aggregation” have access to this service. In this context the “Service Fee for the Provision of Linking”, introduced with a fee waiver on 27 September 2021 (Number 8.2.4 of the Price List), will be activated on 1 March 2022.
Description of the term “FWB Trading Participant”
To clarify the scope of “Special Service Fees Frankfurter Wertpapierbörse” (Number 8.2 of the Price List) a description of the term “FWB Trading Participant” will be added.
The amendments of the Price List will become effective on 1 March 2022. As of the effective date, the full version of the amended Price List of Eurex Clearing AG will be available for download on the Eurex Clearing website www.eurex.com/ec-en/ under the following link:
Rules & Regs > Eurex Clearing Rules & 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:
Further information
Recipients: | All Clearing Members, FCM Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Contact: | ||
Web: | www.eurex.com/en-ec/ | |
Authorized by: | Matthias Graulich |