With the C7 SCS Release 4.5, Eurex Clearing will be introducing the following initiatives:
Simulation start: 14 April 2025
Production start: 16 June 2025
Circulars
Release Items/Participants Requirements
Features/Enhancements | Details | Action Item |
Handling of delivery positions after execution of Pair-Off service and consecutive reporting | In context of Pair-Off service the Release Method indicator of delivery position “HOLD / RELEASED” will be set depending on the default Release Method status in combination with last release status of the pending position. New values in the C7 SCS reports, indicating Pair-Off request results will be available in Settled Delivery Report and Settled Cash Transactions Report. | Clearing Members may adapt their internal processing based on the additional information provided via reports and enhance their post Pair-Off processing for affected positions. The internal processing of CD85X and CE87X must be verified. |
Enhanced calculation of Late Delivery Fines | Calculation for late delivery over dividend amount and related reporting in daily fines report CB225 has been enhanced by considering partial settlements concluded over more than one day. | Clearing Members are asked to check the processing of CB225 in context of late delivery fines. |
Repo Pending Delivery Netting Report | This news report contains all Repo Delivery Instructions that are partially pending or fully pending on the current C7 SCS business day. It serves as an early information about pending deliveries immediately after the netting process is completed for Repo Trades that are due for settlement on the next business day. | The report will be made available per default to all Eurex Repo members as Clearing Member and Settlement Institute version. The Trading Member version is optional and requires an active subscription request via Clearing Data. |
Change to re-rate modification request for Special and GC Repo | The Re-rate modification request for Special and GC Repo has been changed and will be made effective already on T+1, instead of currently T+2. | Clearing Members are asked to check and adapt the internal processes related to the Eurex Repo re-rate request. |
New solution to payout the Repo Interest Amount at regular periods | A new solution to payout the Repo Interest Amount at regular periods will be implemented for Fixed repos and Variable Repo trades with term greater than 12 months between front-leg and term-leg. The cash payout for repo interest amount for Special and GC Repo and GC Pooling Repo will be done at regular interval of 12 months with a possible first short stub (with period less than 12 months). | Clearing Members are asked to check and adapt the internal processes related to the payout of the Repo interest amount. |
Are you looking for information on a previous initiative? We have stored information about our previous initiatives in our Archive for you!
Contacts
Eurex Frankfurt AG
Customer Technical Support / Technical Helpdesk
Service times from Monday 01:00 – Friday 22:00 CET
(no service on Saturday and Sunday)
T +49-69-211-VIP / +49-69-211-1 08 88 (all)
Eurex Frankfurt AG
Key Account Management
Service times from 09:00 - 18:00 CET
