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Apr 05, 2019

Eurex Clearing

Introduction of Settled-to-Market Model for client-related OTC Interest Rate Derivative Transactions; amendments to the Clearing Conditions of Eurex Clearing AG

Eurex Clearing AG (Eurex Clearing) amends the Clearing Conditions of Eurex Clearing (Clearing Conditions) to extend the scope of the Settled-to-Market (STM) model to OTC Interest Rate Derivative Transactions qualifying as Client-Related Transactions.

The amended sections of the Clearing Conditions, as decided by the Executive Board of Eurex Clearing, are attached to this circular.

The amendments to the Clearing Conditions will come into effect on 2 May 2019.

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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