Eurex Clearing will maintain its OTC clearing service for credit default swaps despite a lack of traction, a senior Eurex executive said at FOW’s Derivatives World London conference on December 1.
director Matthias Graulich said: "There are rumours in the
press that Eurex is to discontinue CDS clearing. That is not
true. We have seen no real traction in the interdealer space,
but we believe a broad product offering is essential for a
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