28 Oct 2024
Eurex Clearing
Eurex Clearing Readiness Newsflash | C7 SCS Release 4.0: Readiness Statement available, Focus weeks reminder
Dear customer,
With this Newsflash, Eurex Clearing announces the availability of the Readiness Statement for C7 SCS Release 4.0.
Furthermore, End-to-End testing possibility with Clearstream Banking Frankfurt (CBF) is offered for changes related to C7 SCS 4.0 between 22 October until 31 October 2024.
- C7 SCS 4.0 Readiness Statement
We would like to make you aware of the mandatory feedback that we kindly request from all Eurex Repo Clearing Members. We expect the submission of the Readiness Statement for the go-live of C7 SCS Release 4.0 not later than 12 November 2024.
The Readiness Statement can be found here: Readiness Statement
For the submission of the Readiness Statement, the dedicated PIN is required. The PIN is available via the Member Section, accessible to Central Coordinators and their Deputies only, under the following path: Member Section > My Profile > PIN.
- Focus weeks reminder
In the period 22 October until 31 October 2024 Eurex Clearing is offering the possibility to test the use of CBF account for settlement of Special Repo and GC Repo transactions in bonds with prefixes BE (Belgian), EU (Eurobonds), NL (Dutch) and XS (Eurobonds) that are T2S eligible. After the Eurex Repo simulation setup has been accomplished, the test trades in NL0010721999, EU000A1G0DJ1, XS1379184473, EU000A1G1Q17 and BE0008062110 will settle on CBF/T2S account.
Learn more about C7 SCS Release 4.0 on our dedicated initiative page under the following link: Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 4.0. System documentation, circulars, timeline and much more information is available there for you.
We would also highly recommend clients to participate in the simulation environment to assure a smooth transition.
Please be reminded that the C7 SCS Release 4.0 production date is 18 November 2024 and the simulation environment has been available for testing since 30 September 2024.
For any questions or comments, please send an e-mail to: client.services@eurex.com.
Kind regards,
Your Client Services Team
Visit now Eurex Support Clearing to access a wide array of support content!
Recipients: | All Eurex Repo Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Related circular: | Eurex Clearing Circular 043/24 | |
Related Newsflashes: | Eurex Clearing Readiness Newsflashes from 25 Jul 2024 Eurex Clearing Readiness Newsflashes from 19 Aug 2024 Eurex Clearing Readiness Newsflashes from 24 Sept 2024 | |
Contact: | client.services@eurex.com | |
Web: | Support > Initiatives & Releases > C7 SCS Releases > C7 SCS Release 4.0 |
