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BAML and Goldman back Eurex's OTC ambitions

Deutsche Börse-owned futures market continues to build its over-the-counter derivatives business ahead of new regulations

Bank of America Merrill Lynch and Goldman Sachs have joined Eurex’s clearing service for OTC derivatives, boosting the Deutsche Börse-owned trading venue’s swap market ambitions.

The addition of BAML and Goldman Sachs means the two banks can now clear OTC derivatives for clients as well as their own internal trades through the EurexOTC Clear service.

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