A member of
Eurex
Effective November 26, 2010, the Executive Board of Eurex Clearing AG decided to allow the reuse of GC Pooling® collateral for Eurex Clearing margining. The new service will be offered to Eurex Clearing Members who are participating in GC Pooling® trading at Eurex Repo GmbH and using Clearstream Banking AG’s collateral management system Xemac® to fulfill the Eurex Clearing margin obligations. The service allows cash providers to allocate collateral to Eurex Clearing AG in the scope of the GC Pooling® ECB Basket that has been received from cash takers.
The reuse will be enabled by a new Xemac® Contract Conclusion “GC Pooling® for Eurex Margining” within the existing infrastructure of Eurex Clearing AG and Clearstream Banking AG. The collateral will be managed by Xemac® in accordance with the GC Pooling® business concept. Eurex Clearing AG will accept the GC Pooling®
ECB Basket (ISIN DE000A0AE077) as eligible security for Eurex Clearing margining purposes and apply a specific Basket ISIN Haircut. The Clearing Conditions for Eurex Clearing AG have been amended to reflect the new service offering.
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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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