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Sep 28, 2018

Eurex Clearing

Consultation on amendments to Special Provisions regarding the change of legally binding language version of the Clearing Conditions and related documents

This circular contains information on proposed amendments to the legal framework of Eurex Clearing AG.

Eurex Clearing provides clearing services to a global client base and serves financial markets with a strong international focus. In order to increase transparency and form a common legal basis for the global client base it is intended to provide the legal framework of Eurex Clearing in English only.

The English language version of the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) and any related documents forming part of the Clearing Conditions (including Price List, etc.) shall become the sole and legally binding version. The German language version of the Clearing Conditions and any related documents forming part thereof will no longer be provided, following the planned effective date of such amendments on 26 November 2018.

The planned amendments fall within the scope of Special Provisions of the Clearing Conditions and are subject to a consultation process (Consultation).

Such Consultation will commence on 28 September 2018 and shall end on 27 October 2018 at midnight (Consultation Period).

Market Status ⓘ

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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. 

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