Mifid II a 'deal killer' for some swaps, corporates warn

Requirement to broadcast quotes could end trading in certain swaps

photo of a hand holding crosshairs
Higher prices will end demand for some products, clients warn

European corporates are warning that draft rules limiting the ability for banks to offer client-specific prices will be a "deal killer" for some swaps, and say they will probably avoid banks that are unable to give them a better deal.

Europe's draft rules on transparency and trading require dealers to make bilateral over-the-counter derivatives quotes available to all of their clients under some conditions – effectively barring the current practice of giving preferential treatment to certain

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 copy this content. Please contact [email protected] to find out more.

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: