With Clearing Circular No. 52/2018 ECC announced the introduction of C7 release 5.0 for ECC. The ECC release is planned for production on the Monday, 12 August 2019 (see Clearing Circular No. 24/2019). The migration is scheduled for Saturday, 10 August 2019.
This C7 release will be a mandatory release for all Clearing Members and Non-Clearing Members of ECC active on the derivatives market. The C7 release 5.0 plans to port the derivatives position & transaction management services from Eurex Classic to C7. The C7 GUI will provide participants with a centralised access point for all C7 transaction, position and collateral management functions.
The last business day of Eurex Classic will be Friday, 9 August 2019. The position migration will take place during the weekend and the position migration report will be available in the afternoon on 10 August 2019. From 12 August 2019 onwards, C7 will be the exclusive clearing system of ECC for all derivatives contracts. The final migration statement will be announced in the evening on 10 August 2019 via Clearing Circular.
ECC will offer you an extensive support during the first production week of C7. For operational topics, please contact Clearing & Settlement operations (phone +49 341 24680-444; email clearing@ecc.de).
Contact
European Commodity Clearing AG
Clearing & Settlement
Phone: +49 341 24680-444
E-mail: clearing@ecc.de