A member of
Eurex Clearing
1. Introduction
This circular contains information with respect to the service offering of Eurex Clearing AG (Eurex Clearing) regarding the following topic:
The prolongation of the discount will come into effect as of 1 January 2024.
2. Required action
There is no required action.
3. Details
Eurex Clearing will extend the current cross-margining securities collateral fee discount for U.S. Persons until further notice.
Since 1 October 2021, U.S. Persons subject to the FCM Regulations of Eurex Clearing AG can apply for a 50 percent discount on the securities collateral fee for cross-margin accounts applicable to their Fixed Income ETD ISA account, if they intend to apply for the cross-margining service under LSOC, once technically available.
To apply for the cross-margining securities collateral fee discount, please contact your Key Account Manager.
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, FCM Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients, FCM Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Related circular: | Eurex Clearing Circular 080/21 | |
Contact: | FixedIncome.Sales@eurex.com | |
Web: | ||
Authorized by: | Matthias Graulich |