Isda AGM: industry getting to grips with nuts and bolts of reform

No-one’s talking about existential threats to the derivatives market any more – but the more practical questions that have now taken centre stage may prove harder to resolve

Twelve months ago, with the derivatives market already getting a hammering in the court of public opinion, an excruciating article in the New York Times caught the industry letting its hair down at an S&M-themed club in San Francisco, during a party at the International Swaps and Derivatives Association's annual get-together. This year's event - in medieval Prague - got underway last night with a