Clearing and Settlement

Upon successful completion of the Back-Office Test, the required qualification for registration as a "Qualified Back-Office Staff" (QBO) in accordance with the Clearing Conditions of Eurex Clearing AG is obtained.

A list of further proofs accepted for the registration as a QBO is contained in the information memorandum QBO / QCS.

Examination conditions

The test consists

For its 7 Market Technology® series, Deutsche Börse Group offers various interfaces – to the trading architectures T7® (cash and derivatives markets) and F7® (Eurex Repo® markets), as well as to the C7® clearing technology. Market participants and clearing members can choose the best-fitting interface to integrate trading functionalities as well as market and

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 further proofs accepted for the registration as a QCS is contained in the Information Memorandum QBO/QCS.

Examination conditions

The test covers 60 questions

Participants will gain deep insight into the functionalities of Eurex Clearing. They will get to know the different clearing memberships and their respective requirements and understand the client asset protection under EMIR as well as the securities delivery management process. Furthermore, the tasks of a clearing house in risk management will be discussed and