Linklaters has advised the central counterparty Eurex Clearing on utilising an HQLAx DLT service to facilitate the provision of margin in the form of securities by clearing members to Eurex Clearing.

The new setup intends to make securities collateral more easily accessible, independent of its physical location, and to reduce time and costs for moving collateral. The launch is planned for Q2 2025.

The Linklaters team was led by capital markets partners Burkhard Rinne (Germany) and Eliane Dejardin Botelho (Luxembourg). Further team members were Stefan Gohling (Germany) and Adrian Danciu (Luxembourg).

Linklaters advised Eurex Clearing 2024 on a successful pilot project with central and commercial banks for digital payment processing under cleared repo transactions.