Eurex SecLending CCP adds board members and expands services

Eurex Clearing has welcomed new Clearing
Members to its Lending CCP and, to further develop the service, extended its product offering.New Members on board

In May, ING Bank and SEB joined Eurex Clearing’s service for securities lending adding to existing Clearing
Members DekaBank and Maple Bank. By utilizing Eurex Repo’s SecLend Market and Pirum Systems’
Real-Time Service to connect to the Lending CCP the members made use of the opportunity to optimize
their regulatory capital usage while retaining the bilateral trading attributes and expanding distribution
channels. Other leading Agent Lenders and Borrowers plan to join the CCP service in the course of 2014.

Extended service scope

Additionally, the Lending CCP has substantially extended its product and service scope with a further
extension of eligible loan securities in its cleared equity markets in Belgium, France, Germany, the
Netherlands and Switzerland. Thereby we added to our existing range of cleared international EUR and
USD-denominated fixed income instruments and ETFs. In a next step, we will allow Beneficial Owners in
selected countries outside of Europe to use Eurex Clearing’s Specific Lender License.

The initial success of the service and the commitment from major market participants underlines the
development of the innovative offering and its ability to deliver significant capital and operational
efficiencies for this market and its clients.

To find out more about our service, visit our website or send an e-mail to Gerard Denham at
gerard.denham@eurexclearing.com. From tomorrow until 19 June you can also meet us at ISLA’s 23rd
Annual Securities Finance and Collateral Management Conference taking place in Berlin.

 

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