LCH warns on euro clearing land grab
Isda AGM: location policy would result in higher margin costs, lower liquidity, says Maguire
Clearing house LCH has spoken out for the first time about suggestions that euro-denominated derivatives will have to be cleared in the eurozone following the UK’s exit from the European Union, arguing it would hike costs and restrict access for market participants.
“If there is some form of location policy, whatever that may be, and it’s not clear, one potential inevitability is the fragmentation of clearing. Going up the chain you’ll have fragmentation of liquidity, and if you have that you
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
7 days in 60 seconds
Oil price models, IM changes and VAR caps
The week on Risk.net, May 16-22, 2020
Receive this by email