A member of
Eurex Clearing
With this circular Eurex Clearing would like to inform you that Eurex Repo will introduce the possibility to partially close open or open-variable repos with the Eurex Repo mandatory Release 10.2.7 as of November 30, 2009.
The new service will have no impact on the CCP processing.
As of November 30, 2009, it will be possible in the Eurex Repo trading system to close an active open or open-variable repo for a reduced amount / size, while automatically a new repo will be created for the remaining amount, with a purchase date that is equal to the repurchase date of the original repo (T+2).
In the CCP system this processing leads to the complete closing of the original repo effective on T+2, and the receipt of a new open / open-variable repo from the trading system.
Please consider within your back-office processing the creation of new open / open-variable repo transactions based on partial closing in the trading system.
Kindly forward this product announcement to all involved departments in your company.
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.