Deutsche Boerse Statement US Treasury Plans On OTC Derivatives Markets
Date 14/05/2009
Deutsche Boerse and Eurex welcome the regulatory reform of OTC
derivatives markets initiated by U.S. Treasury Secretary Geithner, SEC
Chairman Schapiro and CFTC Acting Chairman Dunn. We believe that the
objectives expressed by the Obama Administration will significantly
contribute to increase investor confidence and to improve market
integrity, efficiency and transparency in all OTC derivatives markets.
With its OTC clearing solution, to be started in July 2009 with Credit
Default Swaps, Deutsche Boerse and Eurex address the broad aims of the
proposed regulatory reform for OTC derivatives. In this regard, Deutsche
Boerse and Eurex will continue its cooperative dialogue with regulators,
supervisors and market participants on both sides of the Atlantic.