DZ BANK AG BECOMES NEW CLEARING MEMBER IN EUREXOTC (ENG)

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News Release
Deutsche Boerse Group
02.09.13 
DZ BANK AG new clearing member in EurexOTC Clear 
Connected since 30 August 2013/
Extension of network to cover cooperative financial sector 
Eurex Clearing, Europe's leading clearing house, welcomes DZ BANK AG
Deutsche
Zentral-Genossenschaftsbank, Frankfurt/Main, as a new member of EurexOTC
Clear
for Interest Rate Swaps (IRS). The number of clearing members on EurexOTC
Clear
increases to 15. In addition to serving major group companies and
affiliates,
DZ BANK AG will offer its services to other interested clients as well. 
“Participation in EurexOTC Clear is a strategic decision for DZ BANK. With
Eurex Clearing’s services, we can also expand and enhance our range of
services
as a clearing broker for banks and institutional clients,” commented Lars
Hille, Member of the Board of Managing Directors of DZ BANK AG. 
“We are very pleased to welcome DZ BANK AG as a new user of our EurexOTC
Clear
offering, as this Volksbanken Raiffeisenbanken cooperative financial
network is
an important pillar in the German banking system. This confirms the
attractiveness of our offering,” added Thomas Book, CEO of Eurex Clearing. 
EurexOTC Clear for Interest Rate Swaps was launched on 13 November 2012.
Eurex
Clearing offers fully integrated clearing and collateralization of OTC
transactions and listed derivatives in a single clearing house and under
one
legal framework. Eurex Clearing’s members and their clients benefit from
capital efficiency via portfolio margining of listed and OTC transactions
alike
(cross-margining) as well as a wide range of eligible collateral compared
to
other CCPs. There are also a variety of segregation solutions, including an 
Individual Clearing Model that offers maximum protection of client assets
and
full portability of their positions and collateral. 
Media contact:
Heiner Seidel, Tel.: +49 (0) 69 211 1 15 00, e-mail:
heiner.seidel@eurexclearing.com 
About DZ Bank
DZ BANK is the fourth largest bank in Germany and the central institution
for
more than 900 German cooperative banks. Within the Volksbanken
Raiffeisenbanken
cooperative financial network, which is one of Germany’s largest
private-sector
financial services organizations, the DZ BANK AG functions both as a
central
institution and as a corporate and investment bank. As a holding, DZ BANK
coordinates the efforts of the cooperative sector's comprehensive range of
specialized services in order to achieve synergies and grow market
potential
for the benefit of the local cooperative banks. The DZ BANK Group includes
Bausparkasse Schwäbisch Hall, R+V Versicherung Union Investment Group, and
various other specialized institutions. 
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
2012,
we cleared around 1.7 billion derivatives contracts – nearly half of which
were
traded off-exchange (over-the-counter, OTC).
Find out more at www.eurexclearing.com
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). 
Further information from Deutsche Boerse Group
is available under http://deutsche-boerse.com/press
Mailto:Media-Relations@deutsche-boerse.com. 
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