NetOTC shelves swaps margining service

Start-up winding down after bilateral margining rules clashed with its exposure-pooling solution

Esma HQ
Esma and other European authorities issued their margin rules in March

Four-year-old start-up, NetOTC, has decided to shelve its swaps margining service, after concluding it would not work under incoming bilateral margining rules.

The firm employs more than 40 people in London and New York, and has hired a string of high-profile figures to its management team and board – including chief executive, Roger Liddell, who was previously chief executive of LCH. NetOTC has also been a prominent sponsor of derivatives industry events, including this week's FIA International

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here: