Financial reforms like EMIR and MiFID II/MiFIR in Europe and the Dodd-Frank Act in the U.S. are fundamentally changing the way that over-the-counter (OTC) derivatives markets operate. Eurex Clearing’s EurexOTC Clear Service supports Clearing Members and their clients in complying with regulatory requirements by offering central clearing of OTC derivative transactions. The service has been designed to provide the following benefits:
Eligible products for the service are:
The Service supports clearing of eligible products in the currencies EUR, USD, GBP, CHF, JPY, DKK, NOK, SEK and PLN and FX/CCS products in the currency pairs EUR//USD and GBP/USD.
Both EurexOTC Clear simulation and production relevant documentation are published in the Eurex Clearing Member Section.
You need to either contact your Key Account Manager or use the Company Admission Tool to request setup changes such as the change of MW Sync, Netting strings etc.
In case you contact your Key Account Manager, you will be kindly asked to complete the Static Data Form for the respective client types.
The latest OTC Product list is available in the Eurex Clearing website under: Eurex OTC Clear Product List.
If you want to add new OTC IRS Products you are kindly asked to get in contact with your Key Account Manager or firstname.lastname@example.org. You will be provide with all details that you need in order to complete the request. You will be kindly asked to submit Static Data Form.