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Eurex Clearing Readiness Newsflash | EurexOTC Clear: Activation of MarkitWire Netting Synchronization on 2 December 2019

Release date: 28 Nov 2019 | Eurex Clearing

Eurex Clearing Readiness Newsflash | EurexOTC Clear: Activation of MarkitWire Netting Synchronization on 2 December 2019

Eurex Clearing Readiness Newsflash

Dear customer,

We would like to announce that Netting Synchronization will be activated in EurexOTC Clear with effect from 2 December 2019.

With the go-live of Release 10.0 on 18 November 2019, EurexOTC Clear achieved technical readiness to support MarkitWire’s Netting Synchronization functionality. 

Netting Synchronization will allow to reflect modifications of cleared trades at Eurex Clearing in MarkitWire in an automated way. Users will be able to reconcile their portfolio of cleared trades with their portfolio in MarkitWire.

More precisely, any post-trade event performed on a cleared trade, that was submitted via MarkitWire and results in the termination of that trade and the subsequent creation of a new trade, will also lead to the creation of a new trade record in MarkitWire with a matching ID. This is especially relevant for netting and compression activity.

Changes of non-economic attributes will not be synchronized with this solution. Furthermore, only changes of trades cleared after the go-live will be reflected in MarkitWire. Legacy trades will not be updated.

Registration process

Clearing Members and Disclosed Clients will have to actively subscribe for Netting Synchronization both in MarkitWire and in Eurex Clearing. At Eurex Clearing, the subscription is done at the Member legal entity level and a new LE attribute will be created for that purpose. The default setting will be: no PTE synchronisation. The following steps should be performed before using the synchronization service in production:

I.    Sign-up for the service at MarkitWire:

Reach out to for Production and to for the simulation environment UAT.

At the MarkitWire side, a team will provide support for the sign-up process.

II.    Sign-up at Eurex Clearing:

Please fill in the form “EurexOTC-Interest-Rate-Derivative-Static-Data-for-CM-Production” and send it to your personal Key Account Manager at Eurex Clearing.

If you have any further questions or comments please do not hesitate to contact your Key Account Manager or send an e-mail to

Kind regards
Your Client Services Team

Recipients:All EurexOTC Clear Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors

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Eurex Clearing is part of Eurex Group. Find out more here.