Securities CCP Support

Eurex Clearing offers central counterparty clearing services for securities transactions arising from trades executed on Eurex Exchange, Frankfurt Stock Exchange (Xetra & Börse Frankfurt) and Eurex Repo.

This service based on ASDN (actual settlement date netting) allows its participants close monitoring of their positions during the settlement period as well as high netting efficiency for settlement positions. It also provides a mechanism to reduce the number settlement instructions choosing “CM level” as netting unit. Furthermore, CCP offers Gross Delivery Management services like linking, hold/release of delivery position or gross processing either via dedicated GUI or via an interface (SWIFT and z/os)

FAQ

1. What are the benefits of ASDN?

Actual Settlement Day Netting allows to create one net position for the settlement day for actual pending trades, late trades and results of processed corporate actions.

2. Is there the possibility to settle single trades?

Choosing the Gross processing method, every single trade can be processed and settled separately. This allows the balance between the maintenance and settlement efficiency.

3. Will Eurex Clearing implement the CSD Regulation in CCP?

Eurex Clearing has set up an internal project to implement internally the CSDR rules.

4. Does CCP offer the partial settlement functionality?

Currently partial settlement is offered by CBF/T2S and CCP did enable this service for the CSD. With CCP Release 18.5 the service will be also offered for settlements in CBL and Euroclear Bank.

CCP Releases

Looking for information about the CCP Releases? All system documentation related to Eurex Clearing’s Securities CCP Releases are available on our Initiatives section.
Find out more!

If you require further information, please contact us at client.services@eurex.com.


System Documentation

All relevant information for a smooth release readiness at one place.
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