Friday May 16 2014
News Source: Global Exchanges
Focus: Major Shareholdings
Type: General
Country: European Union
Link: http://www.eurexclearing.com/clearing-en/about-us/news/935110/
Eurex Group welcomes United Overseas Bank Ltd. (UOB), Singapore, as a new member of Eurex Clearing making UOB the first Asian-based Eurex Clearing member. This allows UOB to clear business of Asian and international Eurex trading members and to provide the respective services to them.
The admission is another milestone of Deutsche Börse Group’s Asia strategy. Currently, the Group is in the process of establishing a new clearing house in Singapore to provide new products and a robust infrastructure across the entire Asian time zone in the long-term.
Click on the above link for further details.