C7 Releases

Introduction of new value “Q” for BLOCK_QTPIP transactions (previously “T”).
 
VBAP group assignment for Block QTPIP trades will be restricted after activation. Fee calculation and reporting logic must accommodate the new value.

Clearing Member should update internal fee mapping tables and VBAP grouping logic. Valid values and examples for Clearing Members can be found in the document “C7 Fee Identification Code – User Guide”.

At market request Eurex Clearing AG will change the following FX option exercise processing:  

• All in the money options will be automatically exercised 
• Manual exercises and abandonment of specific positions will not be supported 
• Members cannot set individual “In The Money exercise parameters” for FX options 

Clearing Members should ensure systems and procedures comply with new restrictions.

Further details about “Fee Identification Code” and all valid values can be found in the document “C7 - Derivatives Clearing Functional Reference Guide”.
 

In C7 Release 12.1, the Capital Adjustment process will support larger trading unit values. Previously, trading units were limited to a maximum of 9,999.9999. 
Going forward, the format will be decimal (10,4), allowing values up to 999,999.9999

Clearing Member should update data models and reporting tools to support the new format. Further details can be found in the document “Eurex Clearing XML Reports – Modification Notes”.

Extension of Email notifications extended to Level 1 and Level 2 limit breaches (previously only Level 3). No notifications for manual slowdown events. 
 
Only generic mailbox addresses allowed (due to data protection rules). Risk monitoring teams will receive additional alerts.

Clearing Members opting in for this service newly shall contact their Key Account Manager or send an email to client.services@deutsche-boerse.com and review entitlement privilege A017INQ for GUI inquiry of email addresses.

Harmonization of equalization payment reporting post corporate action processing harmonized (CA 752 - Capital Adjustment Position Overview). Numeric format changes (10,4) for trading unit fields across multiple reports. 
 
CSV delimiter changed from comma to semicolon for CD715 Detailed Account Statement. Reporting systems and downstream data consumers must adapt to new formats. 
 
For CE710, contract expiration will reference underlying contract details rather than product-level information

Clearing Members should review updated XML and CSV specifications in “Eurex Clearing XML Reports – Reference Manual v.12.1.” and “Eurex Clearing XML Reports – Modification Notes v.12.1.”