Clearing members will be able to request cash collateral withdrawals or cash collateral deposits intraday via the clearing GUI, which will bring significant operational efficiencies. This introduces greater automation, which lessens customer workload and facilitates a reduction in errors. Clearing members will receive a confirmation for all intraday cash withdrawal or deposit requests via the GUI.
In order to harmonize the request to withdraw cash with the current process for withdrawals of securities, the Eurex Clearing GUI will be enhanced and the withdrawal request will be automatically processed in the Eurex Clearing System. To achieve this, the Security Collateral Transaction Entry window will have the option not only to show securities, but also receive another layer to support the request for cash withdrawals. Cash account information is not displayed in the GUI.
The intraday cash withdrawal/deposit service is related to segregated and omnibus margin collateral pools. Treasury deadline for withdrawals, deposits and the collection of accrued interest will be maintained as current practice. Reporting will also be adjusted to reflect the new functionality.

With the new release we will further reduce the manual workload on the member side for give-up transactions. Greater automation in the give-up process also leads to a reduction in processing errors.
At the beginning of the next trading day, a process will automatically reinstate the pre-batch status for all U(ndesignated) transactions by utilizing the referred give-up information retained from the previous day. Thus, no manual re-allocation will be required, unless a member wishes to make changes. The automatic process applies for same day trades only and does not include historical trade transfers.

Give-ups from P1/P2 accounts for NCMs

Starting with Eurex Release 14.0, NCMs will benefit from additional flexibility as they will be able to use the give-up functionality to allocate trades from their proprietary accounts P1 and P2 to another exchange member's A-accounts by using the give-up functionality within the Eurex Clearing GUI. Traders will be able to pre-designate trades upon execution.