10 Nov 2021

Update on LIBOR Conversion – EurexOTC Clear Simulation

Eurex Clearing has terminated all transactions referencing CHF, GBP and JPY LIBORs (termination date: 10 Nov 21) and novated the replacing-RfR trades (cleared date: 10 Nov 21). Hence, with this message, Eurex Clearing confirms that trade conversion is completed. Broadcast messages have been sent for both terminated and newly novated trades accordingly to clearing participants. MW Synchronisation is also complete.