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New clearing models for the buy-side

As mandatory clearing in Europe approaches, CCPs are devising new clearing models to attract new clients. One keenly competitive area is the buy-side. Accessing clearing and issues with porting have been mooted, so indirect clearing models, enabling fund managers access to CCPs are emerging. Thomas Murray, spoke to Phil Simons, global head of fixed income and derivatives sales at Eurex, about their new clearing model, ISA Direct. * What does ISA Direct mean for fund managers? * How does this improve porting? * What does this mean for Eurex's Clearing Members?

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