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May 30, 2012

Eurex Clearing

Availability of Back-Office Staff

Eurex Clearing refers to the existing admission requirement for Clearing Members (CMs) to have back-office staff available during and after business days in order to ensure orderly fulfilment of CMs’ obligations related to clearing and the operation of a back-office.

If back-office staff is not available pursuant to Chapter I, Part 1, Number 2.1.2, Paragraph (5) (c) of the Clearing Conditions for Eurex Clearing AG for Eurex Clearing’s queries or for other counterparties that want to close back-office-or clearing-related transactions, an approach has been introduced in order for Eurex Clearing to ensure that this requirement is fulfilled by the CM.

Market Status ⓘ

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.