The Clearing Corp (C-Corp) is pushing ahead with its efforts to roll out phase one of its global clearing link with Eurex, but no firms have yet connected to the system, and some say the concept has only limited appeal.
The clearing link, which allows C-Corp clearing firms to clear Eurex and Eurex US products at C-Corp, went live on 27 October. C-Corp officials said they are actively working with several firms to connect them to the system.
"C-Corp has received numerous expressions of interest...