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Eurex applies to UK's FSA for overseas clearinghouse status


 Eurex Clearing has applied to the UK's Financial Services Authority (FSA) for recognition as an overseas clearinghouse in an effort to boost its business and growth in London. 

A statement released by  Office of Fair Trading said that Eurex Clearing "plans to increase its physical presence ... and to engage in increased marketing in the UK". This increased offering might also include "clearing services in relation to new products which...

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