Committees

As the world's leading Clearing House, Eurex Clearing is a pioneer in product and service innovations that help create safer markets for all participants. We do this jointly in continuous dialogue with our customers.

To facilitate this, we host a number of committees to inform and integrate members from all our market segments into the consultation process:
 

• EMIR Risk Committee
  The task of the EMIR Risk Committee is to advise the Supervisory Board and the Executive Board on any arrangements that may impact the risk management of the CCP, such as a significant change in its risk model, the default procedures, the criteria for accepting clearing members, the clearing of new classes of instruments or the outsourcing of functions.
• FIC Board Advisory Committee
  The FIC Board Advisory Committee has been established for the purpose of consulting with and making recommendations to the executive boards of Eurex Clearing AG, Eurex Frankfurt AG and Eurex Repo GmbH ("Eurex Group") with respect to the Fixed Income and Currencies (FIC) matters related to the general FIC strategy as well as product and service expansions in Fixed Income and Currencies with particular focus on certain growth products.
• Repo Board Advisory Committee
  The Repo Board Advisory Committee has been established for the purpose of consulting with and making recommendations to the executive boards of Eurex Clearing AG and Eurex Repo GmbH ("Eurex Group") with respect to the to the Repo matters related to the general Repo strategy as well as product and service expansions and developments.
• ETD Derivatives Clearing Committee
  The ETD Derivatives Clearing Committee has been established to regularly inform Clearing Members about planned changes to Eurex Clearing's service offering for listed derivatives. The Committee offers Clearing Members the possibility to assess the feasibility and impact of presented initiatives. It also serves as a forum for Clearing Members to provide feedback to Eurex Clearing on all functional and operational aspects of its derivatives clearing offering. The received feedback is used to make recommendations to the management board of Eurex Clearing.
• OTC Derivatives Clearing Committee
  The OTC Derivatives Clearing Committee has been established to regularly inform Clearing Members about planned changes to Eurex Clearing's service offering for OTC derivatives. The Committee offers Clearing Members the possibility to assess the feasibility and impact of presented initiatives. It also serves as a forum for Clearing Members to provide feedback to Eurex Clearing on all functional and operational aspects of its derivatives clearing offering. The received feedback is used to make recommendations to the management board of Eurex Clearing.
• Securities Clearing and Settlement Committee
  The Securities Clearing and Settlement Committee (SCSC) has been established to ensure that Clearing Members and Settlement Institutions of Eurex Clearing are pro-actively involved in shaping the future clearing landscape by continuously improving existing processes and fostering innovation.
• Fixed Income Product Committee
  The Fixed Income Product Committee has been established to consult with and make recommendations to the Management Board of Eurex Clearing on matters relating to the clearing of Fixed Income Derivatives.
• Default Management Committees
  Eurex Clearing establishes Default Management Committees (DMCs) to involve its Clearing Members and to ensure the availability of the best possible knowledge and expertise in case of a default. The DMC is a panel that is continuously defined, but only temporarily convened, to assist the Clearing House with regards to any relevant matter of the Default Management Process of one or more Liquidation Groups. In addition DMCs are participating in the regular default simulation exercises.

• Senior Client Clearing Advisory Committee
  The Senior Client Clearing Advisory Committee (SCCAC) has been established for the purpose of consulting and making recommendations to the Executive Boards of Eurex Clearing AG, Eurex Frankfurt AG, and Eurex Repo GmbH with regards to the overall client clearing service offering across all product types cleared by Eurex Clearing AG, and product and service expansions with client clearing relevance. It will also discuss market and client clearing volume development, and input regarding all matters that could materially affect the risk profile of Eurex Clearing AG.