Client Asset Protection under EMIR

Fund Manager set-up

The Authorized Manager (Fund Manager) solution allows a fund specific position account set-up in an operational efficient manner:

  • The Authorized Manager set-up is available for the gross omnibus (GOSA) or individually segregated (ISA) models of Eurex Clearing.
  • Eurex Clearing has developed an approach for Fund Managers which provides flexibility for an efficient position and collateral account set-up. Each fund is segregated and disclosed to the CCP.
  • Positions accounts are set-up to separate each relevant fund. Available reports vary depending on the set up. The CM can optionally select for its Fund Manager a set-up of multiple transaction accounts in a single risk netting unit and calculate the initial margin requirements across multiple position accounts.
  • Flexible collateral pool arrangements are available for individual funds or for a family of funds depending on the chosen segregation model.