As the world's leading Clearing House, Eurex Clearing is a pioneer in product and service innovations that help create safer markets for all participants. We do this jointly in continuous dialogue with our customers.
To facilitate this, we host a number of committees to inform and integrate members from all our market segments into the consultation process:
- EMIR Risk Committee
The task of the EMIR Risk Committee is to advise the Supervisory Board and the Executive Board on any arrangements that may impact the risk management of the CCP, such as a significant change in its risk model, the default procedures, the criteria for accepting clearing members, the clearing of new classes of instruments or the outsourcing of functions.
- FIC Board Advisory Committee
The FIC Board Advisory Committee has been established for the purpose of consulting with and making recommendations to the executive boards of Eurex Clearing AG, Eurex Frankfurt AG and Eurex Repo GmbH ("Eurex Group") with respect to the Fixed Income and Currencies (FIC) matters related to the general FIC strategy as well as product and service expansions in Fixed Income and Currencies with particular focus on certain growth products.
- Repo Board Advisory Committee
The Repo Board Advisory Committee has been established for the purpose of consulting with and making recommendations to the executive boards of Eurex Clearing AG and Eurex Repo GmbH ("Eurex Group") with respect to the to the Repo matters related to the general Repo strategy as well as product and service expansions and developments.
- Eurex Derivatives Clearing Committee
The Derivatives Clearing Committee has been established to regularly inform Clearing Members about planned changes to Eurex Clearing's service offering for listed and OTC derivatives. It also serves as a forum for Clearing Members to provide feedback to Eurex Clearing on all functional and operational aspects of its derivatives clearing offering. The received feedback is used to make recommendations to the management board of Eurex Clearing.
- Securities Clearing and Settlement Committee
The Securities Clearing and Settlement Committee has been established to provide Eurex Clearing Members with detailed information regarding potential changes to Eurex Clearing's service offering. Furthermore, Eurex Clearing Members support and advise Eurex Clearing on all functional and operational aspects arising in connection with the execution and clearing of business in products cleared by Eurex Clearing. In addition, they make recommendations to the Management Board of Eurex Clearing.
- Fixed Income Product Committee
The Fixed Income Product Committee has been established to consult with and make recommendations to the Management Board of Eurex Clearing on matters relating to the clearing of Fixed Income Derivatives.
- Default Management Committees
Eurex Clearing establishes Default Management Committees (DMCs) to involve its Clearing Members and to ensure the availability of the best possible knowledge and expertise in case of a default. The DMC is a panel that is continuously defined, but only temporarily convened, to assist the Clearing House with regards to any relevant matter of the Default Management Process of one or more Liquidation Groups. In addition DMCs are participating in the regular default simulation exercises.