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Dec 21, 2012

Eurex Clearing

Improvements to the risk management framework including a limited liability of the Clearing Members towards the Clearing House

Based on on-going consultations with our Clearing Members and to prepare for upcoming changes in the regulatory environment, Eurex Clearing is continuously improving its risk management framework. Further changes to certain components of Eurex Clearing’s Default Management Process (DMP) have been incorporated in the Clearing Conditions for Eurex Clearing AG and other supporting documents to further improve the safety and integrity of the markets cleared by Eurex Clearing. Key component of the changes is the limitation of the liability of the Clearing Members towards the Clearing House.

The changes to the Clearing Conditions will come into effect on 14 January 2013.

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.