Eurex Clearing

#Eurex Clearing successfully participates in ECB trials for wholesale digital money pilot 🚀   We tested cash settlement solutions using Banque de France’s Full #DLT Interoperability Solution. A major step in the ECB’s exploration on distributed ledger technology (DLT) for wholesale central bank money settlement.   Highlights: ✅Successful tests with Banque de France and collaboration with Deutsche Bundesbank, De Nederlandsche Bank, and Banque centrale du Luxembourg (BCL). ✅Focus on centrally cleared #Repo transactions and intraday margin calls. ✅First-time management of our own wallet on a Eurosystem’s DLT technology.   This initiative shows our commitment to innovation and the future of digital finance. By integrating new technologies, we aim to enhance financial market infrastructures, ensuring stability and efficiency. Read our media release here 👉 https://bit.ly/3BRKOki Claudine Hurman | Jens Hachmeister from Clearstream | Matthias Graulich | Jens Janka | Sander Wever from ABN AMRO Bank N.V. | Jacek Wieclawski & Francois Nissen from Rabobank

€STR #Futures – strong liquidity and margin efficiency in one place   The €STR Futures continue to gain momentum with rising open interest and average daily volumes, signaling growing market adoption. With these trends, Eurex customers benefit from deeper liquidity pools and more robust hedging options.   Additionally, cross (product) margining enhances efficiencies by offsetting positions across Euro-denominated fixed income ETD and #OTC #derivatives at Eurex, reducing margin requirements and business funding costs.   Find out more in our latest article here https://lnkd.in/etY2Aje7, or check out the highlights below 👇

Discover the latest features of C7 release 11.0 and EurexOTC Clear release with our experts tomorrow! #Eurex Clearing invites you to our upcoming Focus Call – a great opportunity to get detailed insights into the release scope items and the timeline to support your go-live preparations. 👀 What to expect: From 10:00 to 11:00 CEST, we will discuss the rollout of C7 release 11.0. This includes a walkthrough of the individual contents, especially Value Based Average Pricing (VBAP). From 11:00 to 12:00 CEST, we will cover the rollout of EurexOTC Clear release 18.0 focusing on enhancements such as Inflation Linked Asset Swaps, the clearing of “Linked Trades” submitted via MarkitWire, and the introduction of “MtM Adjustment”. Don’t miss this chance to engage with our experts and get your questions answered – register now! 👇 https://lnkd.in/eZsfxkGS

The EU Commission officially joins Eurex #Repo! 🔔 This momentous occasion was celebrated with a #BellRinging at the #FrankfurtStockExchange, attended by EU Commissioner Johannes Hahn, Dr. Joachim Nagel and Burkhard Balz from Deutsche Bundesbank, as well as Erik Müller, CEO of #Eurex Clearing AG. By participating in repo trading and clearing at Eurex, the European Commission is laying the foundation for liquid trading in its issued EU bonds. This underlines the Commission’s commitment to a unified funding approach. And as the Commissioner clearly said - Frankfurt is the best place for it as it is the financial center in Europe. Becoming the incumbent marketplace for trading and clearing of euro-denominated repo and derivatives transactions is a major milestone for Eurex as a leading marketplace for #derivatives and repo trading. Want to learn more? Read our latest press release 👉 https://lnkd.in/edKqSDKq 📸 Deutsche Börse | Martin Joppen

In September 2024, #Eurex saw a 11 percent increase in total trading volume, reaching 196 million contracts. 👉 Interest rate derivatives: +33 percent to 95 million contracts 👉 Equity derivatives: +15 percent to 27.3 million contracts 👉 OTC Clearing: Notional volumes increases by 13 percent to EUR 34,115 billion 👉 Overnight Index Swaps: +39 percent to EUR 4,002 billion Eurex Repo had to face a 23 percent decrease in volume compared to September 2023. Nevertheless, the average daily volume was still at a significant level of EUR 303.9 billion. All detailed statistics and figures can be found here: https://lnkd.in/ev-CAxcu

Home market settlement: extension of CSDs directly accessible by #Eurex Clearing. As of 23 September, home market settlement is live for our clearing members, making the physical settlement of #Eurex equity #options and #futures easier. From now on, clients are able to settle their physical deliveries in Eurex equity options and futures directly at the Euroclear CSDs – Euroclear France, Euroclear Belgium and Euroclear Nederland – depending on where clients hold their assets. Direct settlement at the Home CSDs result in more efficient operational processes for clients. Curious about the advantages? Kaltrina Hamza breaks them down in this article: https://bit.ly/3XM91Rg

#Eurex Clearing is proud to be part of #ProjectAgorá! Agorá is the Greek word for "marketplace" and an initiative by the Bank for International Settlements – BIS, a group of seven leading central banks and the Institute of International Finance. Angorá brings together central banks which will work in partnership with a large group of private financial firms. The initiative will investigate how #tokenization can enhance the functioning of the wholesale cross-border #payments and how tokenized commercial bank deposits can be seamlessly integrated with tokenized wholesale central bank money in a public-private #programmable core financial platform. We are looking forward to participating in the Agorá Project and jointly exploring how to increase the speed and integrity of international payments. Find more information here 👇 https://lnkd.in/gjZDzTmi

Exciting news – #ECB trials on new technologies! 🚀 #Eurex Clearing is actively participating in the European Central Bank’s (ECB) pioneering trials and experiments for new technologies in wholesale settlement. In collaboration with the Deutsche Bundesbank, Clearstream, J.P. Morgan, DZ BANK AG and #Eurex Repo we successfully cleared the first intraday repo transaction on 12 September, with cash legs settled through the Bundesbank’s Trigger Solution. This experiment, conducted in the T2-UTEST environment represents a significant milestone towards the digitalization of the financial ecosystem. Find more information here: https://bit.ly/4cYWFcV Stay tuned for more updates on this journey!

#Eurex OTC Clearing notional volumes grew 11% to EUR 36,321 billion. Overnight index swaps surged 42% to EUR 3,933 billion, and interest rate swaps rose 11% to EUR 15,474 billion. Despite a 36% drop in volume due to market conditions and further expected rate changes, Eurex Repo maintained a strong average daily volume of EUR 233.7 billion. Comparing the daily term adjusted repo volume year-to-date, volume is robust with +1.8 percent compared to Jan-Aug 2023.  #GCPooling volumes also demonstrated strong market engagement, achieving EUR 125.8 billion in August.      All detailed statistics and figures can be found here: https://bit.ly/4gcVOZ1 

In #OTC Clearing, the notional outstanding volumes experienced a 10 percent growth in July 2024 compared to the same month of the previous year. The notional outstanding in overnight index swaps increased by 38 percent, while the notional outstanding volumes in interest rate swaps rose by 10 percent. Eurex #Repo reported an 18 percent increase in average daily volume to 209.9 billion. The overall daily repo volume went up by 12 percent in July compared to July 2023, while #GCPooling volumes grew by 6 percent. All detailed statistics and figures can be found here: https://lnkd.in/eBTB74KQ