Eurex rewards active banks in IRS clearing

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Eurex rewards active banks in IRS clearing

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Aerial view of Frankfurt with Hauptwachen, Germany in a summer day | Figurniy Sergey/Sergii Figurnyi - stock.adobe.com

As Brexit uncertainty kicks in, the clearing arm of German derivatives bourse Eurex has rewarded ten market participants, including HSBC and Barclays, for actively clearing interest rate swaps.

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