Australian banks fear loss of rates trading name give-up
A push towards anonymous rates trading via electronic platforms could make it harder for banks to manage credit lines
A regulatory push towards electronic trading in Australia's rates market could face resistance from the country's four major banks, which fear it would reduce visibility on trade counterparties.
Electronic rates trading is seen as crucial for the successful reform of the country's malfunctioning swap benchmark. But concerns have been raised that it could put an end to name give-up – the practice
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