VOLUME 23 – BULLETIN #164
TO:
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ALL CLEARING PARTICIPANTS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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December 12, 2003
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SUBJECT:
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Eurex U.S. Exchange
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Beginning February 8, 2004, The Clearing Corporation will provide clearing and data processing services for transactions traded on the new all-electronic Eurex U.S. futures exchange. Current Clearing Corporation participants will be able to carry, and clear, transactions executed on the Eurex U.S. platform.
At the launch of Eurex U.S. exchange, futures and options on the following contracts will be traded: 30-Year Treasury Bonds, 10-Year Treasury Notes, 5-Year Treasury Notes, and 2-Year Treasury Notes. Trading hours on Eurex U.S. will be from 7:00 p.m. to 4:00 p.m.
Please see the Eurex U.S. Information page in the Clearing Participants section off the Clearing Corporation website for detailed information regarding the launch of the Eurex U.S. exchange.
The Clearing Corporations online trade inquiry system, Trade Management, will be used to process trades and position adjustments. The ACT® System will continue to be used to clear give-ups and transfers, and the Pay/Collect system will allow users to view real-time pay and collect figures. The OTIS® system will support deliveries, options exercise requests, and exchange reporting of large trader. Infopac will be used to view clearing reports. Users will be able to access the above applications with the same User ID and password currently defined for Clearing Corporation applications. Clearing participants will also use the same FTP User Id to ‘put’ and ‘get’ Eurex US data. MQM and GAPI messages in the TREX format will continue to be used to send and receive clearing data.
Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:
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