German exchange will be first European market to offer deliverable swap futures
Eurex is set to become the first European exchange to launch
a Deliverable Swap Future, giving the German group the jump on
its European rivals.
The Deutsche Boerse owned exchange will launch its
Deliverable Swap Future on September 1, becoming the first
European exchange to launch the product and the first to offset
OTC and exchange-traded contracts in its clearing house.
FOW understands the German-exchange has been meeting with
market participants to prepare them for the launch of the
eagerly awaited Euro denominated DSF ahead of the announcement
of the launch next week.
A spokesman for Eurex declined to comment on the launch.
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