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20 Feb 2015

Eurex Clearing

TARGET2-Securities: Initial information about impact of T2S wave 2 on Eurex Clearing’s customers

In the second migration wave of T2S on 29 March 2016, the ESES markets Euroclear Belgium, Euroclear France, Euroclear Netherlands as well as the CSDs Interbolsa and Belgium National Bank (NBB-SSS) will migrate their securities settlement business to T2S, the new European securities settlement system in central bank money.

The implementation of T2S wave 2 affects Eurex Clearing’s Lending CCP service and Eurex Clearing’s reporting of corporate action fractions. All other CCP services offered by Eurex Clearing are not affected.

The objective of this circular is to provide timely information to Clearing Members about the changes.

Kindly forward this announcement to all involved departments in your company.