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Dec 20, 2012

Eurex Clearing

Clearing outsourcing to the U.S.

On 19 December 2012, the Executive Board of Eurex Clearing AG decided with effective date 14 January 2013 on amendments to the Clearing Conditions for Eurex Clearing AG (“Clearing Conditions”) which reflect an update on the outsourcing framework implemented on 1 October 2012 for clearing, risk management and back-office functions which have to be performed by Clearing Members (CMs) or Non-Clearing Members (NCMs) in the context of clearing.

The changes are required for Eurex Clearing to allow CMs and NCMs to outsource their clearing, risk management and back-office functions to U.S. insourcers without any product restrictions.

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.

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