A member of
About EurexOTC Clear
EMIR 3.0 - active account
CCP Switch
On-boarding
Compression Service
Product Scope
Interest Rate Swaps
Inflation Swaps
Settlement Prices
Service Offering for PSAs
Clearing Member
ISA Direct Member
ISA Direct Light Licence Holder
Clearing Agent
Client
Jurisdictions
Multiple Clearing Relationships
Segregation Set up
Cross-Project-Calendar
Readiness for projects
C7 Releases
C7 SCS Releases
C7 CAS Releases
EurexOTC Clear Releases
Prisma Releases
Member Section Releases
Simulation calendar
Archive
User ID Maintenance
Clearing Hours
Clearing Reports
Product Specifications
Clearing on behalf
Delivery Management
Transaction Management
Collateral Management
Collateral
Transparency Enabler Files
Segregation Models
Reports
Default Fund
Intraday Margin Calls
OTC Clear Procedures
OTC Clear Tutorials
Cross Margining Support
Supplementary Margins
Default Waterfall
Model Validation
Stress testing
Default Management Process
Client Asset Protection under EMIR
Client Asset Protection under LSOC
Credit, concentration & wrong way risk
System-based risk controls
Pioneering CCP Transparency
Haircut and adjusted exchange rates
Securities margin groups and classes
Prices Rolling Spot Future
File services
Bond Clusters
Listed derivatives
OTC derivatives
Listed securities
Cash management
Delivery management
CCP eligible instruments
Eurex Newsletter Subscription
Circulars & Newsflashes Subscription
Corporate Action Information Subscription
Circulars & Readiness Newsflashes
News
Videos
Webcasts on demand
Publications
Forms
Events
FAQs
Production Newsboard
With the introduction of CCP Release 16.5, Eurex Clearing follows the extension of Clearstream (CBF) services with regards to selected Non-Collective Safe Custody (NCSC) instruments. This website provides Eurex Clearing Members with the relevant content and updates during and after the release.
The NCSC instruments where T2S settlement is considered as feasible are labelled as NCSC-T (Non-Collective Safe Custody on T2S) and settled via CBF on T2S platform for equity and equity like products. Based on the settlement location T2S Eurex Clearing adapted its internal processes and settled those instruments in the same way as for Collective Safe Custody (CSC).
As the CSC processing is currently available in the CCP system, no changes to the current processing are applied. The deliveries are displayed with CBF settlement account number and location and settled via T2S for equity and equity like products. Eurex Clearing started to apply the CSC processing for NCSC-T instruments in the simulation environment in May 2019. The CCP Release 16.5 was introduced in June.
Simulation start: 20 May 2019
Production start: 24 June 2019
Participation requirements
Since the CSC processing is available in the CCP system, there are no technical and functional change on the report structure. The deliveries are displayed in reports (i.e. CE260, CE270) with CBF settlement account number and location and settled via T2S for all equity and equity like products and with settlement via (I)CSD for Eurex Repo.
Customer processing WM data service input for instrument master data file have to consider the field GD400 containing new value "060" for NCSC-T instruments. For additional information, please refer to Clearstream information D18082 from 21 December 2018 and respective Clearstream documentation.
Corresponding Newsflashes
Corresponding Circulars
If you have any questions or require further information, please do not hesitate to contact us at client.services@eurexclearing.com.