Mandatory clearing of over-the-counter derivatives is no longer a new topic. Set in motion by politicians in 2009, it has been extensively discussed in recent years and is now a reality in the US. But, for many European market participants, the practice itself is virgin territory. In a forum sponsored by BNP Paribas and LCH.Clearnet and convened by Risk, a panel of experts sheds some light on the remaining issues for European clearing clients.
Source: Risk magazine | 27 May 2014