Eurex Clearing
1. Introduction
With this circular, Eurex Clearing announces the production launch of C7 Securities Clearing Service (C7 SCS) Release 1.2 on Monday, 13 June 2022.
Learn now more about the C7 SCS Release 1.2 on our dedicated initiative page under the following link: Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 1.2. Circulars, timeline and much more information are available there for you.
Production start: 13 June 2022
2. Required action
C7 SCS Release 1.2 introduces changes in Member reports related to the future Optimized Trade Day Netting (OTDN) service and reclassification of mandatory fields to optional fields. Clearing Members should get familiar with these changes to assess the impact on their internal report processing. Clearing Members need to ensure that the required changes and adjustments are done in due time for the launch on 13 June 2022.
3. Details
As announced in Eurex Clearing Circular 017/22, Eurex Clearing decided to implement the following changes affecting Member C7 SCS Reports:
Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.
Further information
Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Related circular: | Eurex Clearing Circular 017/22 | |
Contact: | client.services@eurex.com | |
Web: | Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 1.2 | |
Authorized by: | Jens Janka |