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Deutsche Börse And Eurex Support EU Commission Plans To Increase Safety And Soundness Of OTC Derivatives Market

Date 21/10/2009

Deutsche Börse and Eurex welcome the communication issued by the EU Commission entitled Ensuring Efficient, Safe and Sound Derivatives Markets: Future Policy Actions“. Both companies support the EU Commission’s objective to reduce systemic risks in the OTC derivatives market in order to increase the stability of the market with the proposed measures. Effective risk management and improved transparency are essential elements to strengthen the safety and soundness of the current market organization.

With their expertise as an operator of exchanges and of Europe’s largest clearinghouse Deutsche Börse and Eurex want to actively support the EU Commission in implementing its proposals.

The communication finalises the consultation process towards a future regulation of OTC derivatives markets in the European Union and states the proposals of the EU Commission for 2010.

Deutsche Börse published its proposals for a market structure with improved safety and integrity at the beginning of September 2009 in its White Paper entitled “The Global Derivatives Market – A Blueprint for Market Safety and Integrity“. The paper is available as a PDF file: http://www.deutsche-boerse.com/whitepaper_derivatives2

Related links
  The Global Derivatives Market – A Blueprint for Market Safety and Integrity