Starting 2 March 2020, Eurex has been accepting USD as cash collateral for Initial Margin payments. This extends Eurex’s previous offering which only accepted EUR under its LSOC clearing model.
Eurex Clearing will also move the cut-off for when it determines credit balances regarding the interest calculation on cash held in USD and GBP (see below) to an earlier time. This change became effective on 3 March 2020.
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British pound: |
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Current cut-off time |
New cut-off time |
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18:00 CET |
14:00 CET |
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US dollar: |
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Current cut-off time |
New cut-off time |
|
22:00 CET |
20:00 CET |
LSOC provides client asset protection in line with the Dodd-Frank-Act.
Further information
