New swaps platform may need extra level of approval from shareholder Eurex
GMEX may be facing a slight delay in its
launch date after it emerged the nascent European swaps
exchange may need additional approval from shareholder Eurex
GMEX chief executive Hirander Misra told
FOW the exchange’s launch may require an
additional level of sign-off from the Eurex Clearing
Supervisory board which does not meet until the end of April, a
requirement that could postpone launch by a few weeks.
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