03 November 2020Frankfurt Reporter: Natalie Turner
Eurex Clearing is offering a complete waiver of booking fees for OTC interest rate swaps and overnight index swaps to entice banks and buy-side members to move their portfolios
In the UK, which hosts the world’s largest swaps market, almost all market participants saw a “massive decline” in IRS liquidity due to COVID-19, but most also acknowledged an immediate improvement after central bank intervention
Citibank Global Markets acted as its clearing member for SMBC Nikko Թ to execute the first over-the-counter interest-rate swap transaction with Eurex Clearing