Deutsche Boerse Gets Regulatory Nod for Eurex Clearing Asia
20 January 2015 - 9:19AM
Dow Jones News
By Monica Houston-Waesch
FRANKFURT--German stock market operator Deutsche Boerse AG has
received regulatory approval to establish Eurex Clearing Asia, a
clearing house based in Singapore.
Operations are set to begin in 2016, Deutsche Boerse said
Tuesday, after receiving a green light for the project from the
Monetary Authority of Singapore.
The clearing house will initially be offering services for
select European benchmark derivatives listed on its Eurex Exchange
during Asian trading hours. In a following step, it will offer an
array of clearing services for listed Asian derivatives to both
Asian and European investors.
Write to Monica Houston-Waesch at nikki.houston@wsj.com
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