Eurex Clearing now linked to Clearstream's efficient tri-party solution/ Link allows automatic management of margin collateral for Eurex Clearing/ Important step in integrating Deutsche Börse's services for superior collateral efficiency 14. January 2014

Eurex:Eurex Clearing, Europe's leading clearing house, has extended its collateral services by providing direct connectivity into Clearstream's tri-party collateral management service, known as the Global Liquidity Hub. Through this link to the triparty collateral management engine of the International Central Securities Depository (ICSD) Clearstream Banking Luxembourg, Eurex Clearing members are able to deposit and use securities collateral to cover their respective risk exposure within a highly-automated and efficient collateral environment. This new service also supports clearing members in pooling their collateral portfolio within the Global Liquidity Hub efficiently across different counterparts and services.

"Eurex Clearing customers will now benefit from a streamlined tri-party collateral management process through our Global Liquidity Hub," said Stefan Lepp, member of the Executive Board of Clearstream. "The execution of our strategy to access collateral locations globally, leveraging our growing number of strategic partnership arrangements and, on the other side, linking to globally fragmented exposure locations such as CCPs, further accelerates with the addition of Eurex Clearing."

"Our focus is to provide efficient clearing services to our customers to comply with new regulatory requirements. The link into Clearstream's tri-party solution is a further milestone on our strategic roadmap. Our members will benefit from automatic allocation, optimization and substitution mechanisms to fulfil the CCP's margin and clearing fund requirements via one of the best interlinked collateral pools globally," said Thomas Book, CEO of Eurex Clearing.

Eurex Clearing offers a very broad range of eligible securities collateral globally with over 25,000 ISINs. Clearing members can choose to open pledged securities accounts either at the Central Securities Depository (CSD) Clearstream Banking Frankfurt, SIX Securities Services or Clearstream Banking Luxembourg.

Further information:

Clearstream's Global Liquidity Hub delivers integrated securities lending, borrowing and collateral management services in cash, fixed-income, equities and investment funds. The sophisticated system allows a high degree of flexibility enabling the broad range of participants to implement individual service requirements and has seamless connections to GC Pooling, a Eurex Repo service, which enables re-use of securities at the Bundesbank and Banque Centrale de Luxembourg in order to access ECB liquidity. In November 2013 the monthly average outstanding reached more than 600 billion euros.

About Eurex Clearing

Eurex Clearing is one of the leading central counterparties globally - assuring the safety and integrity of markets while providing innovation in risk management, clearing technology and client asset protection. Eurex Clearing provides fully-automated, straight-through post-trade services for derivatives, equities, bonds, secured funding & financing and energy transactions, as well as industry-leading risk management technologies.

As part of Eurex Group, Eurex Clearing serves more than 150 clearing members in 16 countries, managing a collateral pool of around EUR 48 billion and processing gross risks valued at almost EUR 7.5 trillion every month. In 2013, we cleared around 1.6 billion derivatives contracts - nearly half of which were traded off-exchange (over-the-counter, OTC).

Eurex Group is comprised of Eurex Exchange, the International Securities Exchange (ISE), the European Energy Exchange (EEX), Eurex Clearing, Eurex Bonds and Eurex Repo.

Eurex Group is owned by Deutsche Börse AG (Xetra: DB1).

About Clearstream

Clearstream is the post-trade services provider within Deutsche Börse Group and a leading provider in collateral management services in Europe with more than 20 years of experience in this field.

As an international central securities depository (ICSD) headquartered in Luxembourg, Clearstream provides the post-trade infrastructure for the Eurobond market and services for securities from 53 domestic markets worldwide. Clearstream's customers comprise approximately 2,500 financial institutions in more than 110 countries. Its services include the issuance, settlement and custody of securities, as well as investment fund services and global securities financing. With around EUR 12 trillion in assets under custody, Clearstream is one of the world's largest settlement and custody firms for domestic and international securities.

As a central securities depository (CSD) based in Frankfurt, Clearstream also provides the post-trade infrastructure for the German securities industry.

Related links
www.clearstream.com
www.eurexclearing.com


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