A member of
Eurex Clearing
1. Introduction
This circular introduces amendments to the fee structure and benchmark interest rates for Eligible Margin Assets in the form of cash delivered in Swiss Francs (CHF) and Japanese Yen (JPY):
The following attached provision reflects the change:
The changes of the benchmark rates will become effective as of 17 November 2025. The amendment of the Price List will become effective on 8 December 2025 and from 17 November 2025 on a voluntary basis.
2. Required action
There is no action required.
3. Details of the initiative
As of the effective date, the full version of the amended Rules & Regs will be available for download on the Eurex Clearing website www.eurex.com/ec-en/ under the following link: Price List.
The amendments to the legal framework of Eurex Clearing AG published by this circular are deemed accepted by each affected contractual party of Eurex Clearing AG, unless the respective contractual party objects by written notice to Eurex Clearing AG prior to the relevant effective date(s) as stipulated in this circular. In case of an objection by the respective contractual party pursuant the preceding sentence, Eurex Clearing AG is entitled to terminate the respective contract (including a Clearing Agreement, if applicable). Instead of submitting an objection, the respective contractual party may submit in writing to Eurex Clearing AG comments to any amendments of the legal framework of Eurex Clearing AG within the first 10 Business Days after the publication of the amendments. Eurex Clearing AG shall assess whether these comments prevent the published amendments from becoming effective taking into account the interests of Eurex Clearing AG and all contractual parties.
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.
Attachment:
Further information
Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
| Contact: | client.services@eurex.com | |
| Web: | Interest Rates with respect to Eligible Margin Assets and Default Fund Contribution in form of Cash | |
| Authorized by: | Matthias Graulich |