Clearing ProceduresAll trades executed at ISE will be forwarded to the OCC. Technically these positions are booked onto the Eurex Clearing account with OCC. These positions will be fed into the Eurex® system, which will allow Eurex Clearing Members to maintain their trades/positions using the Eurex @X-tract Clearing GUI. Exercises, trade and position adjustments will be forwarded to the OCC via the instructions entered into the Eurex® system. It is important to note that Eurex Clearing will have access to all position accounts at the OCC in order to monitor transactions and positions in real-time. The Eurex/ISE Link is illustrated in the diagram below:
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