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Interview

Development of LME Clear proves a test of mettle

A change of ownership and an evolving regulatory landscape have thrown up big challenges for the London Metal Exchange in its quest to clear its own trades. Trevor Spanner, the chief executive of LME Clear, speaks to Mark Pengelly about the project

CDS trades litigation possible for funds

As well as Libor proceedings, funds should pay attention to EC investigations into credit default swaps and identify trades suitable for litigation, says Sue Millar of UK law firm Stephenson Harwood

ECB’s Russo speaks on CCP policy

Daniela Russo, Director General Payments & Market Infrastructure at the European Central Bank, talks about regulation affecting the operation of central counterparties for OTC derivatives transactions

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