Euro swaps relocation stalls as equivalence deadline nears

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The European Union’s effort to force a relocation of euro swaps clearing away from the UK appears to be faltering.

Just nine months before a temporary equivalence deal for UK clearing houses is due to expire, more than 70% of new single-currency euro swaps traded on EU venues are still being cleared in the UK, according to data from Osttra, a post-trade service company jointly owned by CME Group and IHS Markit.

Kirston Winters, chief risk officer of Osttra, presented the new data at the

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]