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05 Mar 2018

Eurex Clearing

End of Consultation on changes and amendments of Special Provisions of the Clearing Conditions of Eurex Clearing AG regarding the introduction of clearing and settlement services for OTC Currency Products: Further amendments of the Clearing Conditions and Price List of Eurex Clearing AG and other related documents

This circular contains information with respect to Eurex Clearing’s service offering and corresponding amendments to the Clearing Conditions of Eurex Clearing AG (Clearing Conditions), Price List of Eurex Clearing AG (Price List) and other related documents regarding the following topics:

  1. End of Consultation on changes and amendments of Special Provisions of the Clearing Conditions of Eurex Clearing AG regarding the introduction of clearing and settlement services for OTC Currency Products
  2. Further amendments of such Clearing Conditions with respect to Prefunding Amounts and the Post-Trade-Event “Trade Amendment“ for OTC Cross Currency Swaps
  3. Introduction of the pricing scheme for OTC Currency Products and amendments to the Price List of Eurex Clearing AG

Contrary to the originally planned introduction date 26 March 2018, as announced in Eurex Clearing circular 013/18, all amendments referenced in Eurex Clearing circular 013/18, as partly amended by further amendments of the Clearing Conditions with respect to Prefunding Amounts and the Post-Trade-Event “Trade Amendment“ for OTC Cross Currency Swaps according to number 2 above, and all other amendments described in this circular will come into effect on 3 April 2018.

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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