Nordic markets warm to central clearing
A consultation document on derivatives published by the European Commission (EC) on June 14 spelt out what many people already knew – European regulators want standardised derivatives contracts to be cleared though a central counterparty (CCP). This mirrors an agreement by the Group of 20 (G-20) leaders in September last year that all standardised contracts should be traded on exchanges where appropriate and cleared through CCPs by the end of 2012.
As members of the European Union (EU), Sweden
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