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Clearing Member margins

Clearing Member margins

Clearing Members are contractually required to deposit margin with the Clearing House to cover their own and their customers' open positions. We set margins at levels that are high enough to protect against market risk because our goal as a Clearing House is to safeguard the marketplace, while not tying up excessive funds.

Eurex Clearing pioneered real-time margining in order to provide you with permanent risk assessments on your exposures as well as the exposure of your NCMs based on current market conditions and intraday changes in price volatility.

Margins required for deposit are reviewed for each Member on an intraday and daily basis, since new positions may have been created during the trading day and existing positions closed out through offsetting transactions. Daily adjustments of margins are smoothly facilitated as standardized contracts allow continuous price monitoring. The profits or losses arising from the day's price fluctuations are either settled with cash (Variation Margin) or in the form of margin deposited with Eurex Clearing (Premium Margin).

We are setting new standards by replacing our existing margin methodology (Risk-based Margining) with a new portfolio-based margin approach - called Eurex Clearing Prisma - which will allow for cross margining for listed derivatives business and between listed and OTC derivatives business cleared through Eurex Clearing. Learn more.

Contact

Eurex Clearing AG | worldwide
Clearing Business Relations

T +44-20-78 62-72 18
F +44-20-78 62-92 18