Eurex wins 24 banks for rates clearing offer
Eurex Clearing has made a strong start on a partnership programme that it hopes will provide interest rate swaps players with an attractive European Union-based option for clearing activity.
Eurex, which is marketing a similar model of revenue share and governance rights as rates clearing leader LCH, said 24 banks have met its early sign-up deadline for the service, which expired on Monday.Bank of America Merrill Lynch, Barclays, ...
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