The Commodity Futures Trading Commission (CFTC) in the US has confirmed Eurex Clearing as a registered derivatives clearing organisation (DCO).
Eurex Clearing initially will offer proprietary OTC (over the counter) clearing services to clearing members domiciled in the US including their US affiliates.
CEO Thomas Book described the approval as an important milestone in its strategy to further expand global distribution. “It also underlines Eurex Clearing’s commitment to our customers in the US market,” he added. “We are pleased that the recognition also reconfirms Eurex Clearing’s industry leading position complying with the highest international standards and state-of-the-art risk management.”