Derivatives business must better state its case, says del Missier

Del Missier highlighted the misperception of derivatives in the mainstream media, such as the representation of the Enron failure as a derivatives-based problem rather than a breakdown in corporate governance. “We need to focus on pushing back those misperceptions,” he said, adding that the industry has “an obligation to educate analysts and the press at large”.

To achieve this transparency, however, some dealers will have to take strategic risks, such as introducing electronic derivatives

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