The Clearing Corporation (TCC) has stepped up efforts to inform
firms about the details of the Eurex transatlantic clearing
link, the first stage of which it said could be up and running
in May, with the link fully operational in the third
In an exclusive interview with FO Week
, TCC executives
detailed plans for the link, starting with TCC clearing of
Eurex euro-denominated products next month, pending Commodity
Futures Trading Commission (CFTC) approval. The next phase,
with Eurex US products being cleared in Frankfurt and Eurex
products trading on Eurex US, is scheduled to occur sometime in
the third quarter, again subject to CFTC approval.
TCC executives have been meeting with firms individually for
the past few weeks to go over the details of the link, and will
also discuss it this week at the FIA OpTech conference in New
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