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Eurex wants regulators to do more to kick-start EU clearing

Around half the end-user accounts opened at the CCP after Brexit remain dormant

deutsche-borse-eurex-hq-the-cube

Eurex is calling on regulators to provide incentives for firms with unused accounts at the central counterparty (CCP) to start using its clearing service for euro-denominated interest rate swaps.

The Frankfurt-based CCP has increased its market share in cleared euro-denominated interest rate swaps to 22% – amounting to €27 trillion notionally – with 550 clearing members and clients onboarded

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