Momentum gathers for central over-the-counter trade repository

Legislators and industry participants are pushing forward with plans to create a central trade repository to hold records of over-the-counter derivatives transactions, as a means of increasing transparency and reducing counterparty risk.

On August 4, US senator Charles Schumer revealed he was drafting legislation requiring the consolidated reporting of all OTC trades to a central trade repository. On the same day, the International Swaps and Derivatives Association announced the formation of a F

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 indvidual account here: