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Amendments to the Clearing Conditions and other documents of Eurex Clearing AG – Consultation

Release date: 08 Mar 2019 | Eurex Clearing

No. 025/2019 Amendments to the Clearing Conditions and other documents of Eurex Clearing AG – Consultation

This circular contains information regarding amendments to the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) and other documents of Eurex Clearing regarding the following topics:

1. Amendments to Chapter I of the Clearing Conditions with regards to Tax Withholding on Difference Claim payments to Disclosed Direct Clients/ICM Clients

2. Amendments to Chapters II, V and IX of the Clearing Conditions with regards to changes in T2S Holiday Regulation

3. Amendments to Chapter VIII with regards to the correction of the role of „Settlement Compensation Margin“ in cost compensation (OTC FX)

4. Amendments to Chapter I of the Clearing Conditions and Introduction of Appendix 14 to the Clearing Conditions with regards to third party security collateral provision via title transfer

The amendments regarding items 1 to 3 and some of the amendments related to item 4 will become effective on 1 April 2019.

Some of the planned amendments related to item 4 fall within the scope of Special Provisions of the Clearing Conditions and are hence subject to a consultation process (Consultation). The Consultation will start on 8 March 2019 and will end on 8 April 2019 at midnight (end of day) (Consultation Period).