Growing clearing volumes point to the clearing business becoming one of the major growth areas of the financial market.
The crisis exposed inefficiencies as large segments of the market were neither standardised nor automated - despite the speed of global trading activity and the increased complexity of transactions. This was not seen to be a problem in a bull market but, when the credit crisis rapidly unfolded, users of bilateral transactions were scrambling to pick up the pieces.
OTC market participants and regulators alike have realised that clearing houses offer practical solutions that the market desperately needs: transparency, neutrality and efficiency. Clearing houses around the world are gearing up for the new business that this represents, and Eurex Clearing, a member of the Eurex Group, is a main contender.