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Amendments to the Clearing Conditions and FCM Regulations: Introduction of courses of action in case of market disorder, impossibility and force majeure

Release date: 25 Jan 2019 | Eurex Clearing

No. 007/19 Amendments to the Clearing Conditions and FCM Regulations: Introduction of courses of action in case of market disorder, impossibility and force majeure

In order to account for the increasing degree of uncertainty Eurex Clearing AG (Eurex Clearing) is facing with regards to cross-border regulation, it will incorporate additional provisions on market disorder, legal impossibility and force majeure into the Clearing Conditions of Eurex Clearing (Clearing Conditions) and the FCM Regulations of Eurex Clearing (FCM Regulations).

This gives Eurex Clearing the necessary toolbox at hand to react to adverse developments in a way that is balanced and economically meaningful for all relevant stakeholders.

The amended sections of the Clearing Conditions and the FCM Regulations, as decided by the Executive Board of Eurex Clearing, are attached to this circular.

The amendments will come into effect on 18 February 2019.

Terms used and not defined in this circular shall have the meanings given to them in the Clearing Conditions or FCM Regulations.

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