SNB May Lose Access To Eurex Platform
Swiss National Bank may lose access to the Eurex trading platform in 2014.
Swiss National Bank (SNB) may lose access to the Eurex trading platform in 2014, The Wall Street Journal reports. The bank may not get access as SIX Group is selling its stake in the platform to Deutsche Boerse in 2012.
The central bank will continue to have access to the trading platform for three years from the sale date. SNB, which conducts its daily inter bank repo and other security market transactions on the platform, may consider an in-house trading solution.
Click here for the story from The Wall Street Journal.