Isda AGM: 'Trepidation' over central clearing, admits CME

clearing capital to increase

Clearing houses admitted there were compelling reasons for buy-side firms to wait before clearing trades, during a panel discussion at the International Swaps and Derivatives Association's annual general meeting in San Francisco on April 23.

Mark Cox, director of clearing solutions at Chicago-based CME Group, said there was “trepidation” in the market over central clearing, noting it was a “disruptive innovation” and the market was right to be cautious over it.

The comments reflect the fact buy

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: