Cash Collateral Management

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.