Dear Clearing Participant,
With this newsflash, Eurex Clearing would like to provide more detailed information regarding the requirements for clearing of the new Daily Futures on USD/KRW FX Futures to be introduced on the Eurex/KRX Link, as announced in Eurex circular 050/21 and Eurex Clearing circular 046/21.
Please be reminded that the effective launch date for these new products is 26 July 2021 and the simulation environment has been available for testing since 18 June 2021.
Other KRW products (Daily Futures on Equity Index KOSPI Futures and Options) which are currently traded via Eurex/KRX Link can be found on the following link on the Eurex website: Eurex/KRX Link.
To support clearing activities, please find below additional guidance for affected Clearing Members:
Existing Clearing Members which currently clear existing KRW products:
Existing Clearing Members which do not currently clear existing KRW products but wish to join:
We encourage Clearing Members and Independent Software Vendors to participate in simulation in order to prepare for the launch of these new products. In addition, Korea Exchange (KRX) will support the participating Eurex and KRX Members to simulate the positions transfer process at KRX.
Learn now more about the Eurex Daily USD/KRW Futures on our dedicated initiative page under the following link: Support > Initiatives & Releases > Product Readiness. System documentation, circulars, timeline and much more information will be available there for you.
Please also refer to the Eurex/KRX Link Member Readiness Guide available on the Eurex website under the following path: Markets > FX > Daily USD/KRW Futures > Find it fast > Eurex/KRX Link Member Readiness Guide.
If you have any further questions or comments, please send an e-mail to: email@example.com.
Your Client Services Team
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All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors
Front Office/Trading, Middle + Back Office, IT/System Administration
Eurex Clearing circular 050/21,
|Support > Initiatives & Releases > Product Readiness|