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Many Eurex accounts remain inactive as reporting deadline looms

More than 80% of euro swaps clearing accounts opened by buy-side firms are yet to see any activity

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Many buy-side firms in the European Union are yet to clear any euro-denominated swaps at Eurex Clearing, nearly a year after new rules requiring them to maintain an active account at an EU clearing house came into force.

“We still have clients based in the EU, definitely subject to the active accounts requirement, who are still 100% at LCH. We still have clients that are not totally aligned with

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