Eurex Clearing has announced plans to launch DLT-supported collateral mobilisation in the second quarter (Q2) of 2025. The move follows the receipt of “regulatory non-objection” from German regulator BaFin. In a press release, the CCP reveals that it aims to “set an example for enabling digital mobilisation of collateral with the benefits of a secure CCP framework”.

Eurex Clearing will be collaborating with fintech firm HQLAx and Clearstream on the initiative. JP Morgan will participate as the pilot clearing member. The DLT supported functionality will allow Eurex’s clients to mobilise margin collateral, which is posted to Eurex Clearing at Clearstream Banking, on the HQLAx digital ledger.

The goal is to “enhance the flexibility, speed, and efficiency of collateral mobilisation capabilities for Eurex Clearing clients”, ensuring that securities collateral becomes easily accessible independent of its physical location and can be moved without incurring substantial costs. This will in turn, enable the meeting of margin requirements set by CCPs.

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