Eurex kicks off Asian strategy, clearing first Japanese swap

Japan_EU_Fotolia_230x150
By Ross Lancaster
18 Jun 2020

Eurex Clearing has cleared its first interest rate swap for a Japanese client as the clearing house pushes its over the counter (OTC) euro swaps business into Asia.

SMBC Nikko Securities executed the swap, with Citibank acting as clearing member for the securities house.

Eurex has been pushing to win a greater client base in the region for some years, introducing measures such as increased trading hours on its derivatives exchange to capture more Asian business. ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial