GFF Podcast

Back to the Future with Eurex Clearing

March 04, 2022 Season 1 Episode 9

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.