Auto-repay of clearing currency
Auto-repay of excess cash collateral in the nominated clearing currency is available at the individual pool level. If auto-repay is switched on then all excess cash will be automatically credited back to the Clearing Member's main account in the morning as part of the end of day process. If not selected, then all excess collateral will stay at the segregated pool until a withdrawal is requested.
The excess variation margin is always automatically returned to the Clearing Member's cash account after any potential offsets against initial margin shortfalls.
Permanent Cash Holding
In addition, Clearing Members can use Permanent Cash Holding functionality to keep with Eurex Clearing pre-defined USD, EUR, CHF, GBP and JPY balances in the chosen collateral pool overnight. Permanent Cash Holding can be instructed via the C7 Clearing GUI Collateral Transaction Input window with type of money "term".
