NeoClear enters battle for euro swaps clearing
Paris-based CCP to challenge Eurex and LCH with planned 2027 launch
A new European swaps central counterparty plans to shake up the race for euro swaps clearing with a “low-touch, high-tech” service its backers say will slash cost and complexity as European Union regulators ramp up efforts to clear more derivatives onshore.
NeoClear, founded by former Citigroup trader and risk management expert Paul Whitehead, and ex-Numerix managing director Helena Frumson, will
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