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End of Consultation on amendments to Special Provisions regarding the appointment of a Bidding Agent for default management auctions

Release date: 10 Jan 2018 | Eurex Clearing

No. 002/18 End of Consultation on amendments to Special Provisions regarding the appointment of a Bidding Agent for default management auctions

As announced in Eurex Clearing circular 124/17, Eurex Clearing AG (Eurex Clearing) intends to clarify the Default Management Auction Rules regarding the possibility of the appointment of a Bidding Agent to perform the bidding obligation. In particular, Eurex Clearing intends to specify in detail the arrangements around the appointment of a Bidding Agent in order to retain a proper incentives structure within the CCP and to increase transparency.

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