Trade
09 May 2023

Information: T2S incident / impact on physical settlement, 09.05.2023

With reference to official ECB T2S and Clearstream communication on the T2S incident impacting inbound and outbound messages, Eurex Clearing would like to inform clients, that also physical settled transactions, such as GC Pooling, might be impacted and settlement delays could be experienced as a result.


For further information please follow the official website of ECB and Clearstream:

https://www.ecb.europa.eu/paym/target/html/t2s_history.en.html

https://www.clearstream.com/clearstream-en/newsroom/ops230509-3529160

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

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