Eurex head dubs CCP link-up fans 'liquidity have-nots'
Eurex and EuroCCP chief executives clash over merits of interoperability
Supporters of interoperability, which would enable counterparties to a derivatives trade to transact through two different clearing houses, are liquidity lightweights, according to the chief executive of Eurex.
"With respect to derivatives, I perceive the dialogue as one being promoted by the 'have-nots' of liquidity trying to establish access to the liquidity pools that have been built up by the 'haves'," Andreas Preuss, who heads up Eurex Exchange and Eurex Clearing, said at the annual meeting
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