Eurex Clearing AG 

ECAG Rule Certification 086-22 

November 23, 2022 

1. The text of the proposed amendments to the Price List (“Price List”) of Eurex Clearing AG (“Eurex 

Clearing”) is appended as Attachment A. Any additions are underlined and any deletions are struck 

through. 

2. The date of intended implementation is December 15, 2022. 

3. Attached please find a certification that: (1) these amendments comply with the Commodity Exchange 

Act (the “Act”), and the Commission’s regulations thereunder; and (2) concurrent with the filing of this 

submission, Eurex Clearing is posting a copy of this filing to its website at: https://www.eurex.com/ecen/rules-regs/regulations/cftc-dco-filings. 

4. A concise explanation and analysis of the operation, purpose, and effect of the amended rule appears 

below. 

5. There were no opposing views expressed regarding these amended rules. 

6. Confidential treatment is not requested. 

___________________________________________________________________________________ 

CONCISE EXPLANATION AND ANALYSIS OF THE OPERATION, PURPOSE, AND EFFECT OF 

THE PROPOSED RULE AND ITS COMPLIANCE WITH APPLICABLE PROVISIONS OF THE ACT, 

INCLUDING CORE PRINCIPLES AND THE COMMISSION’S REGULATIONS THEREUNDER 

Eurex Clearing is amending the Price List with the following: 

A. Introduction of an optional fee for Eligible Margin Assets in the form of cash delivered in 

U.S. Dollar 

The proposed amendments provide that Eurex Clearing reserves the right to charge an additional service 

fee for Eligible Margin Assets in the form of USD-denominated cash where the USD cash amount has been 

delivered by the Clearing Member on the last business day of a calendar quarter and resulted in 

overcollateralization at the time of delivery. This is due to the higher efforts of placing USD currently. 

B. Fee Rate according to Paragraph (3) (iv): Securities delivered as cover for disclosed clientrelated transactions under use of the cross-margining functionality 

The proposed amendments provide for service fee for Eligible Margin Assets in the form off securities, as 

provided in Eurex Clearing Circular 086-22, which is appended as Attachment A. 

C. Standard Service Fee with respect to Eligible Margin Assets in the form of Securities and for 

Default Fund Contributions 

The proposed amendments provide for service fee changes as provided in Attachment A. 
Further information regarding the operation, purpose, and effect of the proposed amendments is discussed 

in Attachment A. 

Eurex Clearing has identified the following derivatives clearing organization (“DCO”) Core Principle as 

potentially being relevant to the above amendments: 

1. DCO Core Principle C (Participant and Product Eligibility): The proposed amendments will 

comply with DCO Core Principle C because the amendments amend certain fees for collateral, and 

Eurex Clearing will continue to comply with this Core Principle. 
CERTIFICATIONS PURSUANT TO SECTION 5c OF THE COMMODITY EXCHANGE ACT, 7 

U.S.C. §7a-2 AND COMMODITY FUTURES TRADING COMMISSION RULE 40.6, 17 C.F.R. §40.6 

I hereby certify that: 

(1) the amendments comply with the Commodity Exchange Act, and the Commission’s 

regulations thereunder; and 

(2) concurrent with the filing of this submission, Eurex Clearing is posting a copy of thisfiling 

to its website at: https://www.eurex.com/ec-en/rules-regs/regulations/cftc-dco-filings. 

/s/ Eric Seinsheimer 

By: Eric Seinsheimer

Title: US CCO, Eurex Clearing AG 

Dated: November 23, 2022