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Eurex Clearing Readiness Newsflash | C7 Release 6.0: Update on publications and timelines

Release date: 04 Sep 2019 | Eurex Clearing

Eurex Clearing Readiness Newsflash | C7 Release 6.0: Update on publications and timelines

Eurex Clearing Readiness Newsflash

Dear Clearing Member,

With this Newsflash, we would like to draw your attention to the following updates for C7 Release 6.0: 
 
1.  Updated C7 6.0 Release Notes 
2.  Report changes 
3.  Migration of the Collateral Pool Maintenance to C7 RDS 
4.  New automated process to instruct deposits and withdrawals for permanent cash holdings in US dollar
5.  Calendar dates

Based on our last communication regarding C7 Release 6.0, we will be taking a staggered approach for the functionalities in simulation, production and the overall decommissioning of the Eurex Classic system.   
 
1. Updated C7 6.0 Release Notes

Updated C7 6.0 Release Notes are available on the Eurex Clearing website www.eurexclearing.com under Technology > Eurex Clearing's C7 > System documentation > Overview and Functionality

2. Report changes

Changes relevant for Clearing Members who clear ETD and OTC trades:

The following reports will be available only in .csv and .xml format: 

  • RPTCD033 Collateral Composition 
  • RPTCD042 Daily Settlement Statement

The following reports will be introduced. The reports will be available in .csv and .xml format:

  • RPTCD045 LSOC Settlement Statement   
  • RPTTT721 Member Capacity and Product Assignment Maintenance
  • RPTTT726 Member Capacity and Product Assignment Status

Detailed information will be provided in the Eurex Clearing XML Report documentation under Technology > Eurex Clearing's C7 > System documentation > Eurex Reports. Publication is planned in the course of September 2019. 

3. Migration of the Collateral Pool Maintenance to C7 RDS

The Collateral Pool Maintenance will be migrated from Eurex Classic to C7 RDS on 7 September 2019, however, the access to the Eurex Classic window will be disabled on 10 October 2019. Post-migration (from 7 September 2019 onwards), we recommend you consume the information available on C7 for accuracy reasons. 

4. New automated process to instruct deposits and withdrawals for permanent cash holdings in US dollar

The new automated process for permanent cash holdings in US dollar will replace the submission of an application form via e-mail by entering the deposit and withdrawal requests via the C7 Clearing GUI. Detailed Information is available in the C7 Clearing GUI - User Manual (Chapter 6.1). 

The new functionality on C7 will be available in simulation on 13 November 2019 and in production on 2 December 2019. The CMS Functional Reference Guide will be published in the course of September 2019.  

5. Calendar dates

Please note: The updated C7 6.0 Release Notes contain a detailed breakdown of functionalities and dates (Chapter 3).

C7 Clearing GUI (incl. RDS & Entitlement menus)Available in simulation
as of
Available in production
as of
Capacity & Product Assignment23 September 201911 November 2019
User Set-up & Maintenance16 September 201918 November 2019
Margin Requirement Information11 October 201918 November 2019
Settlement Price Overview 13 November 20192 December 2019
Maintenance of Auto Give Up/Take Up Approval 13 November 201913 January 2020

Kind regards,
Your Client Services Team


Recipients:All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, FCM Clearing Members, vendors and other affected contractual parties
Web:C7 Release 6.0 initiative page
Contact:client.services@eurexclearing.com

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