Isda AGM: OTC trade reporting system in danger of fragmentation

fragmentation

The emergence of 18 trade repositories around the globe – with the potential for more to be built – will hamper the efforts of regulators to gain a clear view of derivatives market activity, warned panellists at the International Swaps and Derivatives Association annual general meeting in Singapore this morning. The proliferation of repositories means there will be a fragmentation of data – and regulators will have trouble spotting the potential build-up of systemic risk as