Eurex Clearing
Dear Client,
With this Newsflash, Eurex Clearing would like to inform Clearing Members that in some rare cases, after a transaction separation, rounding differences to a maximum of 2 cents may occur between the variation margin shown in Report CB012 “Account Statement” and the resulting reported cash amount in Report CD710 “Daily Cash Account CM”.
These rounding differences seldom appear in the calculation of the variation margin after a transaction separation. All other cash flows resulting from ETD business (i.e. premium, position transfer with cash, final cash settlement of options and residual calculations resulting from Average Pricing) are not impacted.
Eurex Clearing has identified the root cause and will implement a software fix effective as of Monday, 4 December 2023.
We apologize for this inconvenience and wish all Clearing Members a successful Release start on 20 November 2023.
All documentation on C7 Release 10.0 is available on the Eurex Clearing website www.eurex.com/ec-en/ on our dedicated initiatives page and location:
Support > Initiatives & Releases > C7 Releases > C7 Release 10.0 > System Documentation
Kind regards,
Your Client Services Team
Meet the new clearing admission service C7 CAS (Client Administration Service!
Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration |
Contact: | |
Web: | Support > Initiatives & Releases > C7 Releases > C7 Release 10.0 |
