Natixis Joins Eurex Clearing Ahead of EMIR Roll-Out

Part of Deutsche Börse Group, the clearing house will support the French institution in realizing benefits through operational and capital efficiencies. The integrated cross product clearing service will also allow for better collateral efficiency across securities lending, repo and derivatives. 

"The CCP model for Natixis will not only help manage the rising burden of balance sheet regulation and costs, we believe it will also prompt new stock-lending structures and business opportunities with non-standard profile counterparties," says Gregoire Froehlich, trader in securities lending and borrowing at Natixis.

"Going live with EurexOTC Clear is a key milestone in our strategy of offering our clients a large choice of CCPs ahead of the EMIR mandatory clearing roll-out," says Nicolas Chauvet, head of derivatives, treasury and forex operations at Natixis. "We are delighted that capital efficiency, cross margining and collateral management mechanisms proposed by EurexClearing are now available to both Natixis and its clients."