Eurex wants to expand its reach in the OTC market by working with platforms
Eurex Clearing, the German clearing house,
has cleared its first trade on Bloomberg’s Swap
Execution Facility (SEF), marking an early example of clearing
competition in the US.
Eurex said Deutsche Bank and BayernLB
executed the trade on the Bloomberg and cleared the transaction
through Eurex OTC Clear for Interest Rate Swaps.
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