About EurexOTC Clear
EMIR 3.0 – active account
CCP Switch
On-boarding
Compression Service
Product Scope
Interest Rate Swaps
Inflation Swaps
Settlement Prices
Service Offering for PSAs
Clearing Member
ISA Direct Member
ISA Direct Light Licence Holder
Clearing Agent
Client
Jurisdictions
Multiple Clearing Relationships
Segregation Set up
Cross-Project-Calendar
Readiness for projects
C7 Releases
C7 SCS Releases
C7 CAS Releases
EurexOTC Clear Releases
Prisma Releases
Member Section Releases
Simulation calendar
Archive
User ID Maintenance
Clearing Hours
Clearing Reports
Product Specifications
Clearing on behalf
Delivery Management
Transaction Management
Collateral Management
Collateral
Transparency Enabler Files
Segregation Models
Reports
Default Fund
Intraday Margin Calls
OTC Clear Procedures
OTC Clear Tutorials
Cross Margining Support
Supplementary Margins
Default Waterfall
Model Validation
Stress testing
Default Management Process
Client Asset Protection under EMIR
Client Asset Protection under LSOC
Credit, concentration & wrong way risk
System-based risk controls
Pioneering CCP Transparency
Haircut and adjusted exchange rates
Securities margin groups and classes
Prices Rolling Spot Future
File services
Bond Clusters
Listed derivatives
OTC derivatives
Listed securities
Cash management
Delivery management
CCP eligible instruments
Eurex Newsletter Subscription
Circulars & Newsflashes Subscription
Corporate Action Information Subscription
Circulars & Readiness Newsflashes
News
Videos
Webcasts on demand
Publications
Forms
Events
FAQs
Production Newsboard
Following CSDR/EACH rules: 1. Countervalue of failing instructions have to be paid. The market value of the financial instruments on the business day before the payment of the cash compensation will then substitute the securities component of the settlement instruction and shall also be paid. In case the cash substitution is lower than the settlement counter value to the receiving CM, the failing CM has to pay the price difference.
Please refer to the Eurex Clearing CSDR Release Notes for further details.
This will be a part of Buy-in User Guide.
For illiquid shares: 2nd attempt on next day (for remaining full or partial quantity), all other instrument types (and after 2nd attempt for illiquid shares): Cash compensation.
Yes.
The price according to CSDR L2 RTS Art. 32 has to be used: The market value without adding any premium should be considered for the determination of the cash settlement price. Please refer to the Eurex Clearing CSDR Release Notes for further details.
Yes, Cash Compensation amount will be collected from failing member(s) and forwarded to the receiving member(s).
Please refer to the Eurex Clearing CSDR Release Notes for further details.
Not a penalty as per CSDR, but a fee/fine to cover Eurex Clearing costs.
All costs relating to the Buy-in shall be paid by the failing Clearing Member. Eurex Clearing will bill these costs (e.g. for Buy-in auction) to the failing Clearing Member separately as today.
Via cash payment as today.
Yes.
In case of any questions or your require further information, please contact us at client.services@eurex.com.