EU clearing timeline will not force out FCMs – Risk.net poll
Despite a longer-than-expected wait for clearing rules to take effect in Europe, respondents to the latest Risk.net poll are confident banks will not shut up shop
Banks can afford to wait for mandatory clearing to take effect in Europe, according to almost three-quarters of respondents to a Risk.net poll.
Asked how many banks would close their client clearing businesses if the lion's share of European derivatives users have until 2016 before they are required to start clearing – the likely consequence of draft rules published by the European Securities and
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