Eurex turns to Asia in euro swaps grab
Asia Risk Congress: German clearing house urges Asian firms to shift euro swaps clearing to EU
Eurex is urging Asian firms to switch their clearing of euro swaps trades away from the UK, to help the German clearing house build up market share and persuade the European Commission to block EU firms from trading at rival LCH.
“Asian and Australian institutions active in euro swaps need to be aware of the developments in Europe and need to plan for this,” said Markus Georgi, Eurex’s head of fixed income sales for the US and Asia. He was speaking on November 18 at Asia Risk Congress, which
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