A member of
Eurex Clearing
With Eurex Clearing circular 060/11, Eurex Clearing announced the introduction of a new portfolio-based risk management method, Eurex Clearing Prisma, which is aimed at setting a new benchmark in margin calculation and risk management functionalities. Especially the new margin calculation method and the revised and consistent default management process are core components of Eurex Clearing’s sophisticated risk management services. Since Eurex Clearing is committed to ensuring safety and integrity of the markets and members it clears at all times and acknowledges the complexity of introducing the Eurex Clearing Prisma components all at once, Eurex Clearing decided to introduce the first release of the Eurex Clearing Prisma methodology in November 2012. The revised default management process will be introduced together with the EurexOTC Clear service for Interest Rate Swaps (IRS). An updated communication calendar reflecting these changes is included in this circular.
Together with this circular, Eurex Clearing provides an updated version of its “Eurex Clearing Prisma – User Guide” document to help members and software vendors replicate the Prisma method and a description of all relevant Prisma reports.
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.
An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.