News Center
10 Jul 2024

Eurex | Eurex Clearing

Eurex launches trade offset workflow with E-Trading Connectivity to Bloomberg

Eurex has launched the Trade Offset workflow, which helps users of cleared Interest Rate Swaps to optimize their portfolio by automating the close out process. The solution seamlessly connects Bloomberg’s electronic trading tools to the original Eurex trade record. Clients who need to close out a swap position at the Central Counterparty Clearing House (CCP) can retrieve their trade details by inputting the Eurex CCP ID into Bloomberg's trade register, TREG <GO>. The original swap details are then pulled directly from Eurex into this register. The exact offset of the original swap can then be sent to Bloomberg's List trading tool, BOLT IRS <GO>, for execution.

“We are happy to continue to build on our collaboration with Eurex Clearing to deliver improved connectivity and increased workflow efficiency to market participants. As clients’ usage of electronic trading increases, it is important that they can trust Bloomberg to source market interest and access deep pools of liquidity.”

Nicholas Bean, Global Head of Electronic Trading Solutions at Bloomberg

“We are proud to have been the first to use this new workflow. It has significantly streamlined our processes and enhanced our operational efficiency.”

Stefan Schmidt, CIIA, Multi-Asset Trading Desk at Union Investment


Eurex Clearing offers a liquid EU-based alternative to clear EUR-denominated interest rate swaps with high-quality execution prices.

Please reach out to your Eurex sales contact for further information. 

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.