New clearing models for the buy-side

As mandatory clearing in Europe approaches, CCPs are devising new clearing models to attract new clients. One keenly competitive area is the buy-side. Accessing clearing and issues with porting have been mooted, so indirect clearing models, enabling fund managers access to CCPs are emerging.

We spoke to Phil Simons, global head of fixed income and derivatives sales at Eurex, about their new clearing model, ISA Direct.

Tags: Clearingbuy-sideEuropeClearing models