Eurex plans incentive scheme to win over banks

Eurex is planning to encourage banks to back its credit derivatives contract with an incentives scheme, according to board member Michael Peters. Speaking at an industry conference on June 21 in London, Peters said changes would be made to the contracts' incentive structure in order to make trading more attractive to market-makers.

"We are encouraging liquidity providers to go beyond the normal market-making scheme," said a spokesperson for Europe's largest futures exchange in Frankfurt. "It is a

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