Clash of the Clearing Titans | Eurex versus LCH.Clearnet
An article from Risk Magazine tells the story of how battle lines are drawn on the OTC Rates Clearing front between Eurex and LCH.Clearnet
Competition in the clearing market is intense, given that a regular flow of business and a strong network of members keep a CCP alive. Risk have written an interesting piece on how Eurex and our new cross-product margining platform Prisma is intended to offer a new cost reduction mechanism to bring OTC rates clearing to Frankfurt.
Link to article: http://www.risk.net/risk-magazine/feature/2352252/eurex-vs-lchclearnet-clash-of-the-titans (subs required)