Time running out for buy-side clearing docs negotiation, dealers warn

clock-pa-24

Buy-side firms should not leave it until the last minute to start negotiating over-the-counter clearing agreements, dealers warn. If they do, they could end up being forced to adopt standard contracts with no flexibility to make amendments.

The derivatives industry has been working for almost two years to draw up a set of standardised OTC clearing documents to reduce or eliminate the need for negotiation between clearing members and their clients – but the process has not been easy. The Futures

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 individual account here: