Setting EU CCP policy – much more than meets the eye

We contribute a view to a new study of the long term future of the European Clearing market

More than EUR 3.2 trillion notional outstanding of interest rate swaps (IRS), the most active interest rate derivative (IRD) product, are cleared every day in the City of London, including around 94% of all euro-denominated IRS that are traded globally.

Brexit has naturally raised questions around whether London’s central role can continue.

Clearing expert Rob Lucking contributes to this landmark new study ‘Setting EU CCP policy – much more than meets the eye’, by Apostolos Thomadakis, Ph.D. and Karel Lannoo from the ECMI – European Capital Markets Institute and CEPS (Centre for European Policy Studies) which calls for a long-term vision for the future of the European clearing market, by taking financial stability, efficiency, and market development objectives into account.

Download the study here.

You can also find a selection of news, insight and opinions from Sionic’s internationally respected clearing experts, led by Christian Lee below:

About the author

Rob Lucking

Associate

Based in Tokyo, I have strong cross-asset class knowledge of OTC and listed derivatives clearing with a focus on client clearing, commodities and FX.