Product Scope

Eurex Credit Clear offers clearing of European index and single name Credit Default Swaps.

The current product scope covers the iTraxx® benchmark indices and a selected number of single name iTraxx® index constituents. Further European single names will be added over time to provide full coverage of the iTraxx® benchmark index constituents.

Eurex Credit Clear fully complies with ISDA® March 2003 Credit Derivative definitions incorporating the March 2009 Determinations Committees and Auction Settlement (Big Bang) Supplement and the latest July 2009 Restructuring (Small Bang) Supplement.

Eligible Index Credit Default Swaps as of 22nd of March 2010

* The latest version of the series will be eligible for clearing as published on the website of the index publisher (www.markit.com) with standard terms of 3, 5, 7 and 10 years. After a reversioning due to a credit event the previous version will be available for a specified period as per the Clearing Conditions. Subsequent roll-out phase will be completed with clearing eligibility of series 7, 8, 9, 10 as published on the website of the index publisher (www.markit.com) with standard terms of 3, 5, 7 and 10 years.

Eligible Single Names Credit Default Swaps