Having thoroughly assessed the requirements, BaFin has approved an application according to Article 54 para. 2 Markets in Financial Instruments Regulation (MiFIR) by Eurex Clearing AG. Article 35 MiFIR provides, in principle, that a trading venue has the right to non-discriminatory access to a central counterparty (CCP) if certain conditions are met. Pursuant to Article 54(2) of MiFIR, if a CCP submits an application, the competent authority may decide that, as regards exchange-traded… Continue Reading