Default Management Committees

Eurex Clearing establishes Default Management Committees (DMCs) to involve its Clearing Members and to ensure the availability of the best possible knowledge and expertise in case of a default. The DMC is a panel that is continuously defined, but only temporarily convened, to assist the Clearing House with regards to any relevant matter of the Default Management Process of one or more Liquidation Groups. In addition DMCs are participating in the regular default simulation exercises.

DMC member institutions are eligible Clearing Members that are actively clearing with Eurex Clearing. Each DMC member institution nominates a DMC member and a deputy. Members of the DMC will be traders who will advise on and potentially execute the agreed hedging strategies as coordinated by Eurex Clearing.

Eurex Clearing Default Management Committee Members

Equity Liquidation Group:

Goldman Sachs International

J.P. Morgan Securities Ltd.

Morgan Stanley & Co. International plc

Fixed Income Liquidation Group: 

Commerzbank AG

Landesbank Baden-Württemberg (LBBW)

FX and NDF Liquidation Group:

DZ Bank AG




Contact

Eurex Clearing AG
Clearing Committees