US dealers stop trading to avoid breaching China privacy laws

greatwallofchina

The need to report over-the-counter derivatives transactions to US regulators while negotiating ambiguous local Chinese privacy laws has resulted in two US swap dealers ceasing trading of OTC derivative transactions with each other, according to the International Swaps and Derivatives Association.

Trade reporting for OTC derivatives trades, a Group of 20 (G-20) recommendation, involves the submission of OTC trade data to centralised electronic platforms, with the aim of increasing market transpa

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: