This content is from: Innovation
Eurex To Expand OTC Clearing Service
Eurex Clearing is planning to widen its Eurex OTC Clear service to include OTC-traded interest rate and equity derivatives.
Eurex Clearing is planning to widen its Eurex OTC Clear service to include OTC-traded interest rate and equity derivatives, Mondovisione reports. The new service is being launched in response to the upcoming regulatory reforms expected to require mandatory clearing for standardized OTC derivatives in the U.S. and Europe.
Eurex Clearing will also start a new Client Asset Protection service for its listed and OTC markets beginning in the second quarter. It is planning to commence a new risk methodology for the clearinghouse, which will be portfolio-based rather than instrument focused.
Click here for the story from Mondovisione.
Click here for additional coverage from Bloomberg.