Ad-hoc | 31 May 2012 13:34
Deutsche Börse AG / Key word(s): Alliance
31.05.2012 13:34
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Eurex Clearing AG, a subsidiary of Deutsche Börse AG, announced today that
it will cooperate with Barclays, BNP Paribas, Citigroup, Credit Suisse,
Deutsche Bank, J.P. Morgan and Morgan Stanley to support the launch of its
new clearing service for OTC Interest Rate Swaps (IRS). It is planned to
enter into binding agreements between the cooperation partners. The new
clearing service under the name EurexOTC Clear for IRS will deliver
efficient risk management and safety for dealer and client clearing ahead
of the start of the clearing obligations in Europe as required by the
European Market Infrastructure Regulation (EMIR). Eurex Clearing AG plans
to achieve technical production readiness beginning of July 2012 and the
production roll-out is planned for the second half of 2012.
31.05.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Deutsche Börse AG
-
60485 Frankfurt am Main
Germany
Phone: +49 (0)69 211 - 0
Fax:
E-mail: ir@deutsche-boerse.com
Internet: www.deutsche-boerse.com
ISIN: DE0005810055
WKN: 581005
Indices: DAX, EuroStoxx 50
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX
End of Announcement DGAP News-Service
---------------------------------------------------------------------------