Clearing services for over-the-counter derivatives have swiftly been elevated from a small niche market to a core part of regulatory plans for overhauling the financial system. And this market is likely to get a whole lot bigger.
In September last year, the Group of 20 (G-20) leading economies called for all standardised OTC derivatives to be centrally cleared and reported to trade repositories by the end of 2012. The idea has since been firmed up in the US with the signing of the Dodd-Frank Wal
The week on Risk.net, July 7-13, 2018Receive this by email