Eurex Clearing needs to comply with various transaction reporting requirements in different jurisdictions due to its broad global business model (Clearing of financial ETD and OTC business in Europe, US, Canada and Asia). This section outlines details for each jurisdiction and where our counterparty can find guidance to meet reporting requirements, or who to contact in case of further questions.
Eurex Clearing Counterparty Details for EMIR Article 9 and SFTR Article 4 Reporting
EMIR Article 9 Reporting
Eurex Clearing fulfills the regulatory obligation under Article 9 of EMIR (European Market Infrastructure Regulation) to report cleared trades and positions. Detailed information on reporting logic is available in the Member information.
The latest member information is available in the member section under the path Resources > Eurex Clearing > Documentation & Files > Reporting Basel III _ CRR, EMIR, SFTR > EMIR Reporting.
If you have any questions or require further information about EMIR reporting, please contact us via ECAGRegulatoryReporting@eurex.com.
FAQ
Option delta is available in the Prisma Theoretical Prices and Instrument Configuration EOD file. The report name is “FILSTLPR” and accessible via CRE. The Prisma handbook, chapter “settlement prices” has further details. It is also possible to calculate the delta with the option master took, available here.
The latest publications can be found below:
EMIR reports available for Clearing Members
CCP Harmonised File
In collaboration with other European Clearing Houses, Eurex Clearing is providing Clearing Members a daily report of positions reportable under EMIR including the Eurex Clearing generated position UTI and other EMIR fields agreed for the purpose of Clearing Members consuming, matching to their own position records and reporting the CCP generated position UTIs in members’ EMIR reporting.
The purpose of the new report is to enable Clearing Members to consume the position UTI from CCPs using a standardized format and content across CCPs.
The EMIR Position Report of Eurex Clearing meets the harmonized structure agreed among European CCPs and it is generated in csv format from the clearing house reporting perspective. The file is distributed via the Common Report Engine (CRE).
Mirror File
Eurex Clearing provides Mirror Files per Clearing member via Common Report Engine (CRE) in standard ISO 20022 XML format. They include all reported records and values from Eurex Clearing’s perspective, e.g., Counterparty 1 (Reporting counterparty) = Eurex Clearing, Counterparty 2 = Clearing Member. Each day, six types of reports are submitted:
SFTR Article 4 Reporting
Since 13 July 2020 Eurex Clearing has the obligation to daily report cleared SFTs according to SFTR Article 4 (EU Regulation No. 2015/2365).
Since both counterparties of a cleared SFT (CCP and Clearing Member) are required to report and data fields are subject to reconciliation (such as Unique Transaction Identifier, Counterparty data, Loan and Collateral data, Margin and re-use data), it is important that the CCP and its Clearing Members use the same methods to populate the data fields.
You can access the latest version of a guideline explaining our reporting logic member information.
The latest member information is available in the member section under the path Resources > Eurex Clearing > Documentation & Files > Reporting Basel III _ CRR, EMIR, SFTR > SFTR Reporting.
For queries related to SFTR reporting under SFTR Article 4 contact us via ECAGRegulatoryReporting@eurex.com.
FAQ
The UTI (Unique Transaction Identifier) is reported in the following Eurex Clearing reports:
The Eurex Clearing UTI consists of 52 digits with the following general structure:
<LEI><SERVICE DESC><MIC CODE><TRADE DATE><ISIN><EXT TRADE NO>
Reporting for Part 45 of the Rules by the U.S. Commodity Futures Trading Commission (CFTC)
Eurex Clearing fulfils reporting obligation according to Swap Data Reporting (SDR) Requirements under Part 45 of the CFTC rules. The amendment of Eurex Clearin’s Clearing Conditions from 2018 requires Clearing Members having a reporting obligation according to Part 45 of the CFTC rules to provide necessary information which enables Eurex Clearing to report the termination of the original swap to the same SDR to which the swap was initially reported.
The required information, such as the unique swap identifier for each Original OTC Transaction and the legal entity identifier for the swap data repository to which the Original OTC Transaction was reported, must be sent in a csv-file to ECAGRegulatoryReporting@deutsche-boerse.com on the same business day the trade has been submitted for clearing to EurexOTC Clear.
If you have any questions or require further information, please contact us via ECAGRegulatoryReporting@deutsche-boerse.com.
Reporting for Financial Instrument and Exchange Act (FIEA) to the Japanese Financial Services Agency (JFSA)
Eurex Clearing has been licensed as a Foreign Financial Instruments Clearing Organization (FFICO) in Japan by the Japanese Regulator JFSA. This allows Eurex Clearing to provide EurexOTC Clear Services* to Direct Clearing Members and Disclosed Customers in Japan, with status Financial Instruments Business Operator (FIBO) or status Registered financial Institution (RFI). As FFICO Eurex Clearing fulfills the reporting obligation pursuant to the Financial Instrument and Exchange Act (FIEA), Chapter V-6, Section 2, Article 156-63.
If you have any questions or require further information, please contact ECAGRegulatoryReporting@deutsche-boerse.com.
*(except products denominated in JPY)
