Eurex to start trading new FX Futures contracts in Emerging Markets currencies
Eurex explained: Eurex FX Futures are similar to OTC FX Forwards but have significantly lower counterparty credit risk (CCR) because financial obligations are guaranteed by Eurex Clearing as the central counterparty (CCP). In addition, given the bilateral margin requirements in OTC trading under the Uncleared Margin Rules (UMR) or the revised capital requirements under SA-CCR,…
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