On Oct. 20, EUREX Clear updated on margin concentration add-on.
EUREX Clear updated the margin concentration add-on for OTC IRS portfolios' timeline.
Main Points
In Circular 083/25Introduction of a new Supplementary Margin Category-margin concentration add-on for OTC IRS Portfolios, EUREX Clear announced rollout of a new Margin Concentration Add-on for OTC IRS accounts as a Supplementary Margin.
It is a size-dependent margin concentration add-on for OTC IRS Portfolios on account level which aims at increasing the available margin for large exposures in order to balance the margin requirement and default fund contribution requirement.
The circular contained information on the calculation methodology, parameter values.
To provide additional time to adjust margining processes, the go-live date changed.
Effectiveness
The go-live date is extended to Dec. 1, 2025, instead of Nov. 4, 2025.
