Settlement events on the agenda for G14 dealers

The group of 14 major derivatives dealers working to resolve a backlog in unconfirmed credit derivatives meets next week to discuss progress. Also on the agenda is the progress made on agreeing a protocol for settlement events, says president of the New York Federal Reserve Timothy Geithner, speaking at an event in Hong Kong yesterday.

This effort might be expanded further into other over-the-counter derivatives, including equity derivatives, he said at a lecture organised by the Hong Kong

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