Derivatives head for clearing


The establishment of central clearing houses for the credit default swaps (CDS) market promises to deliver significant benefits to hedge funds in the long run.

Central clearing and the eventual move to an exchange environment is expected to cut the cost of trading for hedge funds, while the management of counterparty risk at the clearing house may lead to a reduction in the amount of collateral that needs to be set aside with prime brokers to cover positions.

However, resistance from the major

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: