Friday November 29 2013
News Source: Global Exchanges
Focus: Other
Type: General
Country: European Union
Link: http://www.eurexclearing.com/clearing-en/about-us/news/719018/
BofA Merrill Lynch and Goldman Sachs have become clearing members of EurexOTC Clear for Interest Rate Swaps (IRS). By joining this new central counterparty (CCP) for over-the-counter (OTC) derivatives, the clearing members and their clients will be able to expand their preparations for the impending OTC clearing obligations in Europe. This brings the current total of clearing members to 21.
Click on the above link for more details.