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BNY Mellon, Eurex respond to CCP regulations

24 August 2011

BNY Mellon Clearing joins CME Group for OTC clearing and Eurex Clearing launches protection services

Read more: BNY Mellon Clearing CME Group Eurex Clearing OTC derivatives

Recent regulatory changes mean that a large percentage of derivatives transactions are expected to be cleared through central clearinghouses in the future.

In response to this, BNY Mellon Clearing has joined CME Group as a clearing member firm in order to clear over-the-counter (OTC) interest rate swaps on behalf of its institutional clients....