EU firms run the most euro swap risk – Eurex exec
LCH data shows trades with at least one EU counterparty make up a quarter of volumes, but German CCP claims EU firms run more risk
Only 25% of euro interest rate swap transactions involve European Union firms on at least one side of the trade, according to data from LCH. For the past four years, that statistic has been the backbone of the argument that forcing EU firms to shift euro clearing out of London would confine them to a smaller liquidity pool.
But while the numbers quoted by LCH may be accurate, Matthias Graulich
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