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, chief strategy officer at Eurex Clearing, says they miss the point. The primary focus of EU

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here