European buy-side firms face clearing crunch

Large buy-side firms will be subject to Europe’s clearing mandate from December 21, but their smaller peers risk being left behind

clearing-web
A clear run: larger buy-side clearers may have an easier ride than their smaller contemporaries

December 21 marks the winter solstice, the shortest day of the year in the northern hemisphere – preceded by the darkest and longest night. Europe's largest fund managers – who will need to begin clearing the bulk of their over-the-counter derivatives trades on the same day – can sleep easy, with few issues predicted in meeting the deadline, but their smaller peers may not be so lucky when they become subject to the mandate in six months' time.

Clearing providers and clients agree that smaller

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: