Wednesday January 21 2015
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
The Deutsche Borse Group has received ‘in-principle’ regulatory clearance from the Monetary Authority of Singapore (MAS) to set up Eurex Clearing Asia. As a new clearing house for Singapore, operations are set to commence in 2016. Eurex Clearing Asia will offer new trading and clearing services to investors during Asian trading hours.
Additionally, Deutshce Borse Group will also seek recognition as a third- county party central counterparty with the European Securities and Markets Authority (ESMA).
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