Deutsche Börse and Eurex have welcomed the communication issued by the EU Commission which aims to reduce systemic risks in the over-the-counter derivatives market.
The communication, entitled “Ensuring Efficient, Safe and Sound Derivatives Markets: Future Policy Actions“, seeks to increase the stability of the market with the proposed measures.
The companies say that effective risk management and improved transparency are essential elements to strengthen the safety and soundness of the current market organisation.
The communication finalises the consultation process towards a future regulation of OTC derivatives markets in the EU and states the proposals of the EU Commission for 2010.
