Eurex Credit Clear

About half of OTC credit derivatives are traded out of Europe by a wide variety of market participants such as banks, insurers, hedge and pension funds and mutual funds. With over USD 42 trillion (in December 2008) in traded value globally, these contracts are an important segment of the global derivatives market.

With the turmoil in credit markets as a backdrop, the enormous, widely-held exposure in CDS contracts has highlighted the need to strengthen market safety and integrity, especially with effective and sound risk management services.

We are confident that the CCP clearing of CDS contracts will positively support financial markets by reducing systemic risk, increasing transparency and gaining efficiencies.