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Aug 24, 2018

Eurex Clearing

CCP Release 16.0: Introduction announcement

With this circular, Eurex Clearing announces the introduction of CCP Release 16.0 on 19 November 2018, which will have an impact on the CCP services. It is voluntary for all Clearing Members of Eurex Clearing and contains the following changes:

  • Reduction of buy-in release restrictions following an unsuccessful buy-in auction.
  • Introduction of pipe-separated report “RPTTC100 - Repo Trade Confirmation” for Clearing Members, Settlement Institutions and Trading Members.
  • Introduction an additional field value in formatted and RAW report “TC755 – Repo Fixings”.
  • CSD-R Asset Services – Status Payment authorisation: Eurex Clearing is adapting its corporate action processing in order to align the further process with Clearstream Banking AG. It mainly has an impact on income events where the cash is booked after authorisation of payments by the issuer for markets, where Clearstream AG follows the same rule.

A Member simulation for CCP Release 16.0 will be offered from 24 September 2018 onwards.

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.