A clear answer to credit problems

- By Risk Staff
- 01 Jun 2003

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Many in the energy sector have tipped over-the-counter clearing as a potentialsolution to the industry’s credit problems. Until now, energy exchangeshave led the way in offering such services, but an initiative from global firmPA Consulting aims to give companies an off-exchange netting option.

Peter Stockman, a member of the financial services practice at PA Consultingin New York, says: “The good news for those concerned about counterpartycredit risk is that OTC clearing is taking off.”

He

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