​ABN To Start SX5E Variance Clearing

ABN AMRO Clearing is to offer clearing services for Eurex’ Eurostoxx 50 variance futures from tomorrow. The move, first reported by EQDerivatives last month, increases price transparency and clearing capabilities for SX5E variance futures. Some portfolio managers in Europe, however, have told EQDerivatives in recent weeks that re-booking at the end of the day with SX5E variance futures remains an issue.