Special report: Clearing

In the clear?

clearing

It’s ironic that the biggest complaint about central clearing is its lack of clarity: already past the January 1, 2013 deadline for moving all over-the-counter derivatives on to CCPs, the market is still in the dark over a range of issues. The complexities of portfolio compression in the Indian market, the absence of a regulatory-sanctioned clearing house in Australia or whether the market will move from OTC to exchange-traded derivatives are just a selection of outstanding issues raised by indu

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