Eurex Clearing has rolled out a new client segregation service. Through the new Individual Clearing Model, collateral and positions can be moved immediately in the event of a clearing member default, thus protecting clients and enabling them to continue their trading activities.
The new service, which will be offered in addition to the existing Eurex Clearing model, meets the planned regulatory requirements as specified in the published draft versions of the European Markets Infrastructure Regulation. Eurex Clearing will also unveil an Omnibus Model, which will provide segregation of client assets in an omnibus account with higher operational efficiency and flexibility for the clearing member.
Click here for the release from Eurex Clearing.