Germany: Financial Sector Assessment Program-Detailed Assessment of Observance on the Eurex Clearing AG Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures
June 29, 2016
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This paper provides a detailed assessment of observance on the Eurex Clearing AG observance of the Committee on Payment and Settlement Systems-International Organization of Securities Commissions principles for financial market infrastructures. Eurex Clearing is a global central counterparty clearing house that clears a broad range of both listed and over-the-counter (OTC) products. It offers fully automated and straight-through post trade services to the derivatives markets Eurex Deutschland and Eurex Zürich, the Frankfurt Stock Exchange, the multilateral trading systems of Eurex Bonds GmbH and Eurex Repo GmbH, the Irish Stock Exchange as well as clearing services for OTC interest rate derivatives (Eurex OTC Clear), as well as clearing services for transactions in cash equities, bonds, repos, derivatives, secure funding, securities financing, and transactions.
Subject: Central counterparty clearing house, Collateral, Credit, Financial institutions, Financial markets, Financial regulation and supervision, Money, Operational risk, Securities
Keywords: BCM Policy, business strategy, central bank, Central counterparty clearing house, Collateral, conditions of Eurex Clearing, CR, Credit, credit risk, default management process, Fund contribution, Global, initial margin, internal audit, investment strategy, ISCR, Members transaction, Operational risk, recovery plan, Risk framework, risk management, risk model, Securities
Pages:
211
Volume:
2016
DOI:
Issue:
197
Series:
Country Report No. 2016/197
Stock No:
1DEUEA2016009
ISBN:
9781475564631
ISSN:
1934-7685
