As our clearing processes take place on the CCP system and the Eurex® system — FSE/Xetra® Clearing Members need connections to both systems.
In order to provide Members with greater flexibility, our Members can choose between several access alternatives to the Clearing House.
FSE/Xetra® Clearing Members may use the services of a Multi-Member Front-End Operator, leased lines, internet connections, or a combination of these. If you are using a leased line connection, we require a back-up connection in order to ensure consistent and robust access to the market. The back-up connection must have the same bandwidth as the principal line and can also be an internet connection.
Therefore, each FSE/Xetra® Clearing Member is obliged to connect to the Clearing systems (the CCP system and the Eurex® system) using at least one of the following alternatives:
If you already have existing connections to the Eurex derivatives trading environment, it is possible for you (if applicable) to use these connections for your FSE/Xetra® Clearing License.
In case you already have existing connections to the Clearing systems (the CCP system and the Eurex® system), you do not need additional connections for your FSE/Xetra® Clearing License.
Besides, Eurex Clearing offers an additional service providing access to its "Enhanced Risk Interface" through which Members can subscribe to risk-data (position and margin data) conveyed in real-time for derivatives and near real-time for other markets cleared.