Cash Collateral DepositThe Clearing Member informs ECC of the envisaged provision of Euro cash collateral. ECC then debits the Clearing Member’s Target2 account. ECC confirms receipt and updates the cash collateral amount in its clearing system. The Collateral Transaction Overview window in the EUREX system provides an on-line view of the collateral posted and the Clearing Member receives daily collateral reports.

Interest is paid on deposited cash collateral. The interest is paid out on a monthly basis.
 

Cash Collateral ReleaseThe Clearing Member informs ECC of the envisaged withdrawal of Euro cash collateral. ECC credits the Clearing Member’s Target2 account. ECC updates the cash collateral amount in its clearing system near-time as soon as the payment instruction has been submitted.