Risk Annual Summit: Central clearing divides buy side

zip

Central clearing of over-the-counter derivatives is like using "a hammer to crack a nut", according to Luke Venables, head of operations at hedge fund CQS Capital Management. Venables was speaking yesterday during a panel discussion on OTC clearing at the Risk Annual Summit in London – and while one of his fellow panellists argued the new regulatory regime is a positive step, both voiced concerns about margin costs.

"We wouldn't have done this in a million years," said Venables. "We're fully in

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: