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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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: