Back to the Future with Eurex Clearing

In this month's show, we welcome Phil Simons (Eurex Global Head of Sales for Fixed Income Derivatives, Funding and Financing) and Frank Odendall (Eurex Head of Repo Product & Business Development) to discuss the current conditions and challenges in the EU 27.We discuss the huge growth in cleared repo, driven by the need for margining and variations in a volatile EU marketplace, meeting the challenges of the 'perfect storm' of inflation, QE tapering, post-COVID economic recovery, EMIR refit, UMR phase 6 and the geopolitical situation in Ukraine. Plus the issues on the horizon relating to Euro clearing moving away from LCH, plus the need for Pension and buy-side firms to report under new rules. We also explore solutions for market participants, such as Eurex's hugely successful ISA Direct programme, innovations in balance sheet optimisation and cost-reduction for back office operations, plus the rise of Total Return Futures and equity swaps over uncleared, bilateral trades.