The new service will enable Eurex participants to reduce their open positions and lower the capital costs on equity derivatives.
JP Morgan, Morgan Stanley and Commerzbank have gone live as the first clearing members on the service at Eurex.
Expansion of the ISA Direct clearing model for repo at Eurex will give hedge funds and other firms access to the scheme.
Futures based on the Bloomberg Barclays MSCI Euro Green Bond SRI and Euro Corporate SRI indexes will go live at Eurex in September.
New functionality will allow market participants to react faster to market developments and to optimise their trading strategies.
De Volksbank is the first Dutch bank to join the ISA Direct model from Eurex which offers direct clearing membership to institutions.
German exchange expands its ESG suite with the launch of five futures based on MSCI’s ESG Enhanced Focus Index family.
The Micro-DAX, Micro-EURO STOXX 50 and Micro-SMI futures will begin trading at Eurex on 19 April this year.
The pair said the newly expanded product offering emphasized their commitment to connecting markets globally.
The partnership between the two entities will see three futures contracts and one option list on the 29 March.