EUROPE: Eurex Clearing Launches Cross-Margining Functionality

Wednesday June 11 2014

News Source: Global Exchanges

Focus: Money Market Funds

Type: General

Country: European Union

Link: http://deutsche-boerse.com/INTERNET/MR/mr_presse.nsf/maincontent/E3F79FF1F68F2A8EC1257CF3004B53D7?Opendocument&lang=en&newstitle=eurexclearinglaunchescross-mar&location=press&

Eurex Clearing, the clearing house of Deutsche Börse Group, has introduced its second release of the new risk system Eurex Clearing Prisma.

With the new development, clearing members and clients are able to benefit from portfolio margining capabilities within an asset class as well as cross-margining between listed fixed income products and the OTC IRS business.

Eurex Clearing is Europe’s first and only CCP to offer this highly user-requested approach.

Click link above for further details.