Clearing & Settlement Accounts

We offer Members flexibility when setting up the pledge securities accounts and settlement accounts that are required for clearing membership. Members can choose to set up accounts at either Clearstream Banking AG, Frankfurt or SIS SegaInterSettle for pledge securities accounts. For settlement purposes, Members have the choice of Clearstream Banking AG, Frankfurt, Clearstream Banking SA, Luxembourg, Euroclear SA/NV Bank and/ or SIX SIS AG.

	Cash Account	Pledged Securities Account	Settlement Account
Eurex Bonds Clearing License	TARGET2 account of an European central bank (EUR) or Swiss Interbank Clearing AG account (EUR; optional for Swiss Clearing Members)	Clearstream Banking AG Frankfurt (via CASCADE or CREATION) or SIX SIS AG	Clearstream Banking AG Frankfurt, Clearstream Banking SA Luxembourg and/or Euroclear Bank SA/NV