The top clearing houses said regulatory uncertainty was impacting their businesses
The heads of the world’s
largest clearing houses added their voices to a growing sense
of uncertainty over the future of financial regulation, warning
changes to the US regime could threaten its agreement with
The chief executives of some of the
world’s top clearing houses said regulatory
uncertainty was casting a shadow over their businesses, most of
which offer services in the US and Europe.
Eric Mueller, chief executive officer of
Eurex Clearing, told the FIA Boca conference in Miami, Florida:
"The next one to two years will be driven by political
discussions. There has been a lot of signalling around the
"America First" campaign and a key member of the European Union
is leaving, which has required European lawmakers to formulate
a position which has not yet been finalised."
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