Costs deter clearing clients from using back-up dealers
End-users say using more than one clearing broker doesn't make economic sense
More than one-third of derivatives users that rely on just one clearing provider to tap the market say that cost constraints block them from sourcing a back-up, a report by international standard-setters shows.
Four multinational bodies convened a Derivatives Assessment Team (DAT) to gauge the effects of regulatory reforms on over-the-counter derivatives clearing activity in 2017. In a report
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