Transaction management

Transaction management listed securities

As part of our dedication to improving operational efficiencies, securities instruments benefit from the value chain of Eurex Clearing via seamless transaction management services.

Our services have been designed to allow you a high degree of flexibility when setting up your Back office processing.

Flexibility that provides you with greater capital and operational efficiencies

C7 SCS

For all transactions involving CCP-eligible instruments concluded at the Frankfurt Stock Exchange (MICs: XETR and XFRA) and for all transactions concluded at Eurex Deutschland (MIC: XEUR) that result in securities transactions, Eurex Clearing offers Trade Netting (TDN) as the supported netting model with C7 SCS.

Name

Description

"Netting" (default option)

All Single Trades within one NPU are netted to one Net Position Trade in the standard case. Strange Nets may occur.

"Aggregation"

All Single Buy Trades within one NPU are aggregated to one Net Position Trade, all Single Sell Trades are aggregated to one separate Net Position Trade.

"Gross"

Each Single Trade is transferred one-to-one into one Net Position Trade.

Repo

Benefits of our transaction management for securities include:

  • Standardized STP post-trading approach with flexible netting options
  • Netting allows the offsetting of buy and sell transactions whereby only the remaining surplus needs to be settled rather than settling individual transactions (gross processing)
  • Settlement day netting of multiple transactions creates direct savings in settlement transaction costs, increased efficiency and reduced operational costs
  • Ability to release or block sell transactions to avoid fails
  • Home market corporate actions policy

Contact


Eurex Clearing AG
Clearing Business Relations

FixedIncome.Sales@eurex.com