Eurex clearing chief calls for active account carve-outs

Isda AGM: Müller says EU clearing thresholds should exempt market-making and US client trades

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Eurex Clearing’s chief executive, Erik Tim Müller, has called for European regulators to exempt market-makers and trades with US clients from possible requirements to clear a minimum proportion of euro interest rate swap volumes in European Union clearing houses.

He also said delays to the setting of the clearing threshold were creating uncertainty for the market.

As part of the review of the European Market Infrastructure Regulation (Emir), the European Commission (EC) proposed in December

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