Jockeying for position

A slew of market participants are hoping regulatory scrutiny of the derivatives industry will enable them to gain new footholds in the derivatives clearing and settlement value chain. Georgina Lee reports

Clearstream prepares for takoever

Clearstream, the European clearing and settlement house, is in the process of speaking with rival body Euroclear and Deutsche Borse over plans for a takeover. Clearstream’s Luxembourg-based board will consider both proposals, which outline the indicative…