Eurex Clearing
Dear Clearing Member,
In order to allow Members to already test their implementation of the Prisma Initial Margin (IM) model with the Subsampling technique switched off, a dedicated Liquidation Group (LG) will be set up in the Prisma simulation environment, with the first trading day being 12 October 2022.
The new soft-switch functionality to optionally switch off Subsampling has already been communicated to Members earlier this year via Prisma 11.1 Release Notes and Prisma User Guide update.
The productive go-live date of the Prisma IM model change (subject to regulatory approval) will be communicated separately at a later point of time with sufficient lead time.
New Liquidation Group: LG SUB01 (copy of LG PEQ01 with the Subsampling technique switched off)
The new LG will contain three products, which will be copies of existing products:
Original product ID | New product ID of copied product | ||
FESA | FES0 | ||
OESA | OES0 | ||
TECN | TEC0 |
We kindly ask all Clearing Members to make sure that relevant changes are reflected in their internal processes.
The Prisma system documentation is available in the Member Section under the following path: Resources > Eurex Clearing Documents > Eurex Clearing Prisma > Release Documents > Documents & Circulars > Documents Release 11.1.
Kind regards,
Your Client Services Team
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Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Back Office, IT/System Administration | |
Contact: | risk@eurex.com, client.services@eurex.com | |
Web: | Member Section > Resources > Eurex Clearing Documents > Eurex Clearing Prisma > Release Documents > Documents & Circulars > Documents Release 11.1; Support > Initiatives & Releases > Prisma Releases > Prisma Release 11.1 |
