Eurex Clearing AG 

ECAG Rule Certification 093-22 

December 14, 2023 

1. The text of the proposed stated policy of Eurex Clearing AG (“Eurex Clearing”) is appended as 

Attachment A. No express amendments to the rulebooks of Eurex Clearing are being proposed. 

2. The date of intended implementation is January 1, 2023. 

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. 

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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 providing that it will offer a fee waiver regarding Trade Entry Services (i.e., off-book) 

transactions in FX futures from January 1, 2023 until March 31, 2023 in order to promote block and EFP 

trading activity in existing FX Futures. Transaction costs for the order book remain unaffected by this fee 

waiver. Additionally, during this same period, Eurex Frankfurt AG and Eurex Clearing will temporarily 

suspend the reduction of USD 0.05 per traded contract in the calculation of the Revenue Sharing Pool, as 

described in Number 4.1 in the “PSS FX 01 - FX Futures and FX Rolling Spot Futures.” 

For avoidance of doubt, Eurex Clearing clears contracts listed on Eurex Deutschland, such as FX Futures, 

outside the scope of its DCO license, which applies only to swaps. 

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 provide for a temporary fee waiver 

and suspension of an additional fee for certain contracts listed on Eurex Deutschland, which Eurex 

Clearing clears outside the scope of its DCO license, and all products cleared by Eurex Clearing 
2 

under its DCO license will continue to be subject to appropriate standards in compliance with this 

Core Principle. 
3 

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: December 14, 2022