Eurex has launched Europe's first cross-margin service
Some of the world’s top investment banks have
backed a new clearing service from Deutsche
Boerse’s Eurex that offers for the first time
European banks the ability to net down the margin they allocate
for related futures and swaps.
Eurex Clearing said in a statement that it has rolled out
the second version of its new risk system, meaning clients are
now able to net margin between listed interest rate futures and
over-the-counter interest rate swaps, something that could cut
costs for clients.
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