Clearing Procedures

All trades executed at the ISE are forwarded to the OCC. Eurex members' positions are forwarded to Eurex Clearing's member account in the OCC system whereas the resulting positions are forwarded in the form of original trades to the Eurex Clearing system where they are mirrored on member level.

Eurex Clearing has access to all its position accounts at the OCC in order to monitor transactions and positions in real-time and also performs all risk management functions including position transfers to and from the OCC.

Please note that assignments are sent by the OCC to Eurex Clearing in the OCC end-of-day stream, and published on the next business day. Eurex members will then be able to maintain their trades and positions using the Eurex @X-tract Clearing GUI. Exercises as well as trade and position adjustments will be forwarded to the OCC by the Eurex® system.