This course explains the role of Eurex Clearing as a clearing house and gives an overview which marketplaces and asset classes are included in the clearing process. The function of the Central Counterparty (CCP) as well as the different clearing services are illustrated. This module is part of the certified programme Certified Clearing Specialist and can be booked separately.

Agenda

• Role of Eurex Clearing AG as a clearing house
• Membership
• Overview margin process
• Marketplaces and asset classes included in the clearing service
• CCP Functionality - Settlement Day Netting including Gross Delivery Management
• CCP Functionality - Trade Day Netting
• Comparison of clearing services
• Specific details for Eurex Bonds and Eurex Repo/GC Pooling
• Cash settlement account structure
• Corporate action processing
• Reporting
• Late delivery handling

Target Group:
This course is designed for back office staff of clearing members and/or settlement institutions. In particular, new participants with no previous CCP experience are strongly recommended to attend the course

Trainer:
The training course will be held by staff of Eurex Clearing AG, Deutsche Börse AG or external trainers.