In this episode, host Meridy Cleary from the FICC Market Structure team and senior rates trader Roxane Blanc delve into one of the most pressing market structure themes: EMIR 3.0. They explore the implications of the new EU clearing rules on euro derivatives, liquidity and trading strategies across Europe. With the active account requirement front-and-center, they discuss the operational and representativeness requirements, and the strategic decisions firms face as they prepare for the June implementation date. Tune in to understand how these regulatory changes, alongside the Dutch pension reform, are reshaping the financial landscape.

This episode was recorded on February 19, 2025.

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The impact of EMIR 3.0 on Euro swaps trading

Making Sense

The impact of EMIR 3.0 on Euro swaps trading