Trading and Clearing Admission

Trading Admission Eurex Repo

• The applicant must be under the regulation of a domestic regulatory authority
• The applicant must have the status of a bank (i.e. allowance to carry out deposit-taking, lending and financial-commission business activities), the status equivalent to that of Swiss securities dealer or a special permit from Eurex Zürich AG for Central Banks, International Organisations as well as for other applicants without holding banking status or a securities dealer permit
• Branch offices may also be admitted as participants
• The applicant is responsible for the technical connection to the Eurex Repo® trading system

Settlement and Clearing Admission

The applicant needs the admission to operate via SIX SIS (SegaInterSettle) and SIX Interbank Clearing for Collateral and Cash operations.

• Cash Clearing: an SNB Giro Account and a Settlement Account at SIX Interbank Clearing
• Settlement and pledging of Securities:
  Security deposit: at SIX SIS (SegaInterSettle)
  - Pledged Securities Account: at SIX SIS (SegaInterSettle)

For more information about SIX SIS and SIX Interbank Clearing see Links.