Contact: Eurex Repo Sales

Importance: High Priority

Summary:

This Functional Information outlines the change of GC Pooling Settlement Timing as of January 15, 2024: 

The start time for the settlement of non-same day GC Pooling Transactions in EUR will be moved from 10.00 am CET to 9.30 am CET. The Target Settlement Time will be moved accordingly from 10.45 am CET to 10.15 am CET. 

Eurex Repo participants will need to review their internal operational processes due to the change in settlement timing for GC Pooling Transactions in EUR. Today, the settlement of non-same day GC Pooling Transactions in EUR starts at 10.00 am CET, whereby the Target Settlement Time of those Transactions is 10.45 am CET. To return cash or collateral earlier from term GC Pooling transactions, the settlement timing for those transactions will be shifted from 10.00 am CET to 9.30 am CET. The Target Settlement Time will be shifted accordingly from 10.45 am CET to 10.15 am CET. 

The settlement timing for GC Pooling Transactions in USD, GBP and CHF remains unchanged. The settlement timing for GC Pooling Transactions executed in CTD baskets will also remain unchanged.

Best regards,

Your Eurex Repo Team
Repo.Sales@eurex.com / +49 69 211 14040