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Simulation of the Eurex Clearing AG Default Management Process from 4 to 8 November 2019

Release date: 12 Aug 2019 | Eurex Clearing

No. 079/2019 Simulation of the Eurex Clearing AG Default Management Process from 4 to 8 November 2019

Eurex Clearing Circular 079/2019 Simulation of the Eurex Clearing AG Default Management Process from 4 to 8 November 2019

1.   Introduction

Eurex Clearing AG (Eurex Clearing) will conduct the next simulation of its Default Management Process (DMP) from 4 to 8 November 2019.

Eurex Clearing will simulate the default of a Clearing Member with open positions in the following liquidation groups:

  1. Exchange-traded equity and equity index derivatives
  2. Exchange-traded and OTC interest rate derivatives
  3. Exchange-traded repo und GC Pooling transactions

Further information, including the document “2019 DMP Simulation Guide”, can be retrieved from the Member Section of the Eurex Clearing website www.eurexclearing.com under the following  path:

Member Section > Risk & Collateral Management > Default management process

Simulation period: 4 to 8 November 2019
 

2.   Required Actions

Clearing Members whose participation in the simulation is required on a mandatory basis will be contacted directly by Eurex Clearing. All other Clearing Members or Disclosed Direct Clients may participate in the simulation on a voluntary basis using the attached registration form.


Attachment: 

  • Registration form for voluntary participation in the simulation of the Default Management Process of Eurex Clearing AG from 4 to 8 November 2019.

Recipients:All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors
Target groups:Front Office/Trading, Middle + Back Office
Contact:dmp_inbox@eurexclearing.com
Authorized by:Dmitrij Senko