Launch set to coincide with mandatory clearing later this year
Spanish clearing house
BME Clearing has said it is set to launch interest rate swaps
(IRS) in the third quarter of 2015 subject to
BME Clearing, a
subsidiary of Spanish exchange BME, said it will open a new
division called BME Clearing over-the-counter (OTC) IRS
in the third quarter launch to coincide with the
expected entry into force of Europe's swap clearing
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