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Jul 05, 2018

Eurex Clearing

End of Consultation on the proposed amendments to the Clearing Conditions regarding the topic “Removal of redundancies in respect to the EMIR Risk Committee”

As announced in Eurex Clearing circular 054/18, Eurex Clearing proposed to amend the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) to implement the following:

  • Removal of redundancies in respect to the EMIR Risk Committee

Pursuant to Chapter I Part 1 Number 17.3 of the Clearing Conditions, Eurex Clearing conducted a Consultation from 4 June 2018 until 3 July 2018 on the above topic, announced in Eurex Clearing circular 054/18.

Eurex Clearing received no comments that led to further amendments of the version of the Clearing Conditions, which had been subject of the Consultation, and no requests for the application of a Prolonged Notification Period.

Therefore, all amendments notified in Eurex Clearing circular 054/18 and further editorial changes outlined in the attachment to the present circular will come into effect on 8 October 2018.

Terms used and not otherwise defined in this circular shall have the meanings ascribed to them in the Clearing Conditions.

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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