INTL FC Stone has become the first US-based member of Eurex’s clearing network.
Deutsche Börse annual report outlined plans to launch new clearing house for foreign exchange.
Profit sharing scheme has 25 market participants signed up globally since launching in October last year.
Eurex will shut down Swiss business and operate out of Frankfurt in major restructuring.
Price discovery platform will allow brokers to contact market markers with request for quotes.
Biggest IRS clearing clients can benefit from profit share and enhanced role at Eurex Clearing.
Eurex is aiming to implement technical requirements of MiFID II by December.
Eurex market-on-close futures allows opportunity to trade futures at index close level for hedging purposes.
Exchanges across Europe have been forced to update their trading technology to incorporate MiFID II transparency requirements.
Eurex is expecting a rise in demand for continental-euro derivatives clearing services, with an EU ruling imminent.