Eurex Clearing
Dear Clearing Member,
With this Newsflash, Eurex Clearing would like to draw your attention to the introduction of the Authorization Concept for the C7 SCS Linking Service.
Learn now more about C7 SCS Release 1.0 on our dedicated initiative page under the following link: Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 1.0. System documentation, circulars, timeline and much more information is available there for you.
Authorization Concept for C7 SCS Linking Service
With the Authorization Concept for the C7 SCS Linking Service, which will come into effect on 24 January 2022 in production environment, only those members who explicitly enable “Linking before Aggregation” will be able to link single trades executed at the Frankfurt Stock Exchange (MIC: XETR and XFRA) before the Aggregation Netting Model is applied. The Authorization Concept will first be introduced on 22 December 2021 in simulation environment to give clients the opportunity to test this new enhancement.
If clients wish to enable the Linking Service, they need to contact their Clearing Key Account Manager to obtain the up-to-date version of the “C7 SCS Application for Settlement Account Setup/Change/Delete - Production and Simulation (XLSX)” sheet and kindly return it with the desired changes reflected.
Information on Service Fee for Provision of Linking
The Service Fee for Provision of Linking remains waived and will therefore not be implemented with start of the service on 24 January 2022. For more information, please refer to the Price List of Eurex Clearing AG, Number 8.2.4 Service Fee for Provision of Linking. The Price List is available for download on the Eurex Clearing website www.eurex.com/ec-en/ under the following link:
Rules & Regs > Eurex Rules & Regulations > Price List.
If you have any further questions or comments, please send an e-mail to: client.services@eurex.com.
Kind regards,
Your Client Services Team
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Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Back Office, IT/System Administration, Auditing/Security Coordination | |
Contact: | client.services@eurex.com | |
Web: | Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 1.0 |
