Clearer Test | Qualified Clearing Staff
Upon successful completion of the Clearer Test, the required qualification for registration as a "Qualified Clearing Staff" (QCS) in accordance with the Clearing Conditions of Eurex Clearing AG is obtained. A list of which further evidence is accepted for registration as a QCS can be found on the Eurex website.
The test covers 60 questions from the subject areas:
- Clearing conditions
- Segregation models
- Delivery management
- Risk management
- Collateral management
- Default management process
The conduct of the examination and the withdrawal modalities are regulated in the admission regulations. The examination fee is € 200 (€ 238 Euro incl. VAT).
The question catalogue containing all test questions is publicly available. This material is sufficient for preparation.
Date and venueTest dates are agreed individually. Please contact firstname.lastname@example.org.
Employees of a Clearing Member may take the test online in their own premises (under the supervision of a designated Compliance Officer).
Registration at Eurex Clearing
Registration as a QCS is independent of registration for the Clearer Test and not via the Capital Markets Academy.