The Eurex Clearing partnership program is designed to further accelerate the development of a liquid, EU-based alternative for the clearing of interest rate swaps. The performance-based program builds a balanced ecosystem where responsibilities and benefits are fully aligned between all participants in terms of economics and governance.
This market-led initiative benefits clients and the broader market place through greater choice and competition, improved price transparency as well as reduced concentration risk. The highly efficient set-up of Eurex Clearing with a state of the art technology and risk management is the foundation for making this program a success for all stakeholders and the market as a whole.
How does Eurex Clearing’s Partnership Program work?
The ten most active program participants are eligible for a significant share in the economics of the multi-currency interest rate swap offering of Eurex Clearing on a permanent basis. In addition, these clients are included in the governance and committee structure of Eurex Clearing. Participation is open to all Clearing Members and Registered Clients of Eurex Clearing.
The program’s key elements