Euromoney - FX options clearing nearing launch

27 April 2017

Naresh Nagia, chief risk officer at CLS, says the service will be open to multiple central counterparties (CCPs) and will apply to a range of FX products, adding: "In addition to our agreement with LCH, we are working with Eurex Clearing on its participation in the service." According to Nagia, it will deliver a number of risk benefits to industry participants.

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