Eurex US proposal changes could expedite clearing link

Speaking to FO Week last week Commodity Futures Trading Commission (CFTC) commissioner Sharon Brown-Hruska said that there were still issues surrounding phase two of Eurex's proposed global clearing link, and while the agency had been working "especially hard" to resolve these, the exchange may have to alter its original plans.

Brown-Hruska said that the original approach Eurex submitted was "in some sense not completely clear" in terms of how CFTC would be able to deal with all of its supervisory duties and hinted that a compromise on...