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OTC Interest Rate Derivatives: Amendments to the Price List of Eurex Clearing AG

Release date: 16 Aug 2019 | Eurex Clearing

No. 081/2019 OTC Interest Rate Derivatives: Amendments to the Price List of Eurex Clearing AG

Eurex Clearing Circular 081/19

1.   Introduction

As part of the annual review of the OTC Interest Rate Derivatives Pricing, Eurex Clearing will introduce the following amendments to the Price List of Eurex Clearing AG with effect from 1 September 2019:

  • The maintenance fee for Forward Rate Agreement (FRA) transactions will be set to EUR 0 in the Standard Pricing Model A;
  • Introduction of a booking fee floor of 0.85 per million notional cleared in trade currency for Forward Rate Agreement (FRA) transactions in the Standard Pricing Model A.

2.   Required actions

There is no action required for the Clearing Participants.

3. Details

Please refer to attachment for the updated sections of the Price List of Eurex Clearing AG (Price List). The relevant amendments will become effective on 1 September 2019.

As of the effective date, the full version of the amended Price List will be available for download on the Eurex Clearing website www.eurexclearing.com under the following link: 

The changes and amendments to the legal framework of Eurex Clearing AG published by this circular are deemed accepted by each affected contractual party of Eurex Clearing AG, unless the respective contractual party objects by written notice to Eurex Clearing AG within the first ten (10) Business Days after publication. Any ordinary right of Eurex Clearing AG to terminate the respective contract (including a Clearing Agreement, if applicable) shall remain unaffected.

Attachment: 

  • Updated sections of the Price List of Eurex Clearing AG

Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.

Recipients:All Clearing Members, FCM Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors and other affected contractual parties
Target groups:Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination
Contact:Clearing Operations, T +49-69-211-1 12 50, clearing@eurexclearing.com;
Risk Control, T +49-69-211-1 24 52, risk@eurexclearing.com
Web:www.eurexclearing.com
Authorized by:Matthias Graulich