About EurexOTC Clear
Service Offering for PSAs
EMIR 3.0 - active account
CCP Switch
On-boarding
Compression Service
Product Scope
Interest Rate Swaps
Inflation Swaps
Settlement Prices
Cross-Project-Calendar
Readiness for projects
C7 Releases
C7 SCS Releases
C7 CAS Releases
EurexOTC Clear Releases
Prisma Releases
Member Section Releases
Simulation calendar
Archive
User ID Maintenance
Clearing Hours
Clearing Reports
Product Specifications
Clearing on behalf
Delivery Management
Transaction Management
Collateral Management
Collateral
Transparency Enabler Files
Segregation Models
Reports
Default Fund
Intraday Margin Calls
OTC Clear Procedures
OTC Clear Tutorials
Cross Margining Support
Supplementary Margins
Model validation
Stress testing
Default Management Process
Client Asset Protection under EMIR
Client Asset Protection under LSOC
Credit, concentration & wrong way risk
System-based risk controls
Pioneering CCP Transparency
Haircut and adjusted exchange rates
Securities margin groups and classes
Prices Rolling Spot Future
File services
Bond Clusters
Listed derivatives
OTC derivatives
Listed securities
Cash management
Delivery management
CCP eligible instruments
Cut-off times
Investment policy
Clearing currency
Interest Rates with respect to Eligible Margin Assets and Default Fund Contribution in form of Cash
Handling of excess cash collateral
Set-off of cash payments
Deposits and withdrawals of cash collateral
Eurex Clearing Rules & Regulations
EMIR 3.0 - active account
SA-CCR
IBOR Reform
Uncleared Margin Rules
Eurex Newsletter Subscription
Circulars & Newsflashes Subscription
Corporate Action Information Subscription
Circulars & Readiness Newsflashes
News
Videos
Webcasts on demand
Publications
Forms
Events
FAQs
Production Newsboard
Audit and Risk Committee
Compensation Review Committee
Nomination Committee
EMIR Risk Committee
FIC Board Advisory Committee
Repo Board Advisory Committee
ETD Derivatives Clearing Committee
OTC Derivatives Clearing Committee
Securities Clearing and Settlement Committee
Fixed Income Product Committee
Default Management Committees
This overview is for entities that aim to clear Non-Deliverable forwards (NDFs) at Eurex Clearing.
Become a Clearing Member
In order to clear FX NDF transactions, you must become a General Clearing Members (GCM), a Direct Clearing Member (DCM), or a client of a General Clearing Member (GCM) with EurexOTC Clear. Our NDF Clearing Service requires a separate license. If you are interested in joining us, please contact us at FX@eurex.com.
On-boarding process for existing EurexOTC Clear members
For our existing Clearing Members with EurexOTC Clear, the on-boarding and admission process is simplified, as most documentational requirements, KYC documentation, capital- regulatory- and operational requirements, etc., are already fulfilled.
Whether market participants apply for a new membership or simply add additional Clearing Licenses to their existing membership, Eurex teams are ready to support you along the way.
On-boarding process for new EurexOTC Clear members
On-boarding for our EurexOTC NDF Clearing Service entails several steps on the level of Clearing Members, Eurex and on a joint level. These steps include:
If you require more information on our on-boarding process and requirements, please contact us at onboarding@deutsche-boerse.com.
Admission requirements
As a multi-asset Clearing House, Eurex offers several Clearing Licenses. Next to the main requirements and general considerations of obtaining clearing memberships at Eurex, we require the following specific requirements for our OTC NDF Service:
Technical requirements:
Specific forms:
Become a client
We also provide options for clients to connect indirectly to our EurexOTC NDF Clearing Service. As an end-user, clients can make use of our OTC NDF Clearing Service by routing trades to a Clearing Member who clears on their behalf. You can have one or many Clearing Members and one or many executing brokers. Further information on client types, additional documentation and segregation model can be extracted here.