Eurex kicks off Asian strategy, clearing first Japanese swap

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. ...

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