Tag: DekaBank

Commerzbank, DekaBank Join Trad-X Platform

Interest rate derivatives platform, Trad-X, added two German institutions to its dealer-to-client (D2C) electronic central limit order book (CLOB). Commerzbank will provide liquidity on Trad-X D2C and stream two-way pricing to a range of smaller banks and buy side clients on Eurex cleared instruments, while Frankfurt-based DekaBank joined the platform as a non-dealer. More than […]

DekaBank Moves Trades from LCH to Eurex Ahead of Brexit

With the UK still headed for a Brexit in 2020, subject to December’s General Election, German banking group DekaBank, the securities services provider of the German Savings Banks Finance Group, has successfully transferred a substantial portion of its swap book from UK-based LCH to Frankfurt-based Eurex Clearing in a single day. What the firm calls […]