Eurex Clearing
1. Introduction
This circular introduces amendments to the composition of the Equity (Index) Derivatives Liquidation Group and the discontinuation of the MSCI Dividend Futures Liquidation Group:
The effective date of these amendments will be 2 May 2022.
2. Required action
There is no required action for the participants.
3. Details
In line with the continuous improvement of its Default Management Process (DMP), Eurex Clearing will default manage the MSCI Dividend Derivatives together with the MSCI Index Futures and Options. Therefore, Eurex Clearing proposes to reallocate the three SIDF products on MSCI Indices from the MSCI Dividend Futures Liquidation Group (PEQDF) to the Equity (Index) Derivatives Liquidation Group (PEQ01). The MSCI Dividend Futures Liquidation Group (PEQDF) will be discontinued.
Eurex Clearing provides an updated list of the Liquidation Groups on the Eurex Clearing website www.eurex.com/ec/en/ under the following link:
Services > Risk parameters > Risk parameters
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 and FCM Clearing Members of Eurex Clearing, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Contact: | client.services@eurex.com | |
Web: | www.eurex.com/en-ec/ | |
Authorized by: | Dmitrij Senko |
