A member of
Eurex Clearing
With Eurex Clearing Prisma Release 8.0, in December 2018, the functionality of the Time-to-Expiry Adjustment was rolled out and taken live in January 2019.
The Time-to-Expiry Adjustment affects the margining of short-to-expiry, cash-settled positions within Eurex Clearing’s portfolio margining model Prisma. It addresses the potential risks of calendar-spread like positions, whose short-to-expiry leg expires within the Margin Period of Risk (MPOR).
Eurex Clearing would like to use the opportunity to raise awareness of this initial margin model adjustment prior to the large quarterly expiry of exchange-traded derivatives in March 2019.
Please find detailed information regarding the Prisma Time-to-Expiry Adjustment in this circular.
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.