Ice move from swaps to futures unlikely to be last, says O’Malia

Scott O'Malia: "regulatory nightmare of swaps markets"

The decision by Atlanta-based Ice to accelerate its transition of all existing over-the-counter cleared swap and option positions to economically equivalent futures or options contracts reflects a lack of clarity in new swaps regulation, a commissioner at the Commodity Futures Trading Commission (CFTC) has said. And Ice is unlikely to be the only exchange to make the shift, he added.

Ice announced on September 4 that it would bring forward plans to convert its cleared swap and option energy cont

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: