17 Jun 2024
Eurex Clearing
Eurex Clearing Readiness Newsflash | C7 SCS Release 3.5: Eurex Nordic Equity Options: Preparatory readiness steps, extension of NOK currency-related information in Member reports
Dear customer,
With this Newsflash, Eurex Clearing wants to draw your attention to the publication in the context of the introduction of Eurex Nordic Equity Options.
The Eurex Nordic Equity Options initiative enables clients to use the possibility of physical settlement resulting from trading in equity options denominated in the currencies
- Swedish krona (SEK)
capacity group: "Physical SEK – CBF/T2S", - Danish krone (DKK)
capacity group: "Physical DKK" and - Norwegian krone (NOK)
capacity group: "Physical NOK"
Action required:
Customers willing to use the products that will be introduced as part of the initiative need to adapt their setup starting with the assignment of the new product capacities on Eurex C7, providing cash and settlement accounts for margin and settlement reasons and ensuring sufficient holdings in stocks on the settlement account (possible realignment between the Home CSD and the dedicated settlement account for the Eurex Nordic Equity Options initiative).
With the launch of the Eurex Nordic Equity Options initiative, additional information on currency NOK will be provided in C7 SCS reports. Therefore, checking and updating of report definitions is recommended for clients interested in the Eurex Nordic Equity Options initiative.
The following documents for C7 SCS 3.5 will be published on the Eurex Clearing website:
- Eurex Clearing – C7 SCS XML Reports – Reference Manual
- Eurex Clearing – C7 SCS XML Reports – XML Schema Files
- Eurex Clearing – C7 SCS XML Reports – Modification Notes
under the following link:
Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 3.5 > System Documentation > Reports.
Learn now more about C7 SCS Release 3.5 on the same Support page, where system documentation, circulars, timeline and much more information will be available for you.
Kind regards,
Your Client Services Team
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Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Middle + Backoffice, IT/System Administration | |
Related circulars: | ||
Related newsflashes: | Eurex Clearing Readiness Newsflashes from 8 February 2024, 27 March 2024 and 16 April 2024 | |
Contact: | ||
Web: | Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 3.5 |
