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EU to clamp down on derivatives trading

Posted on 25 January 2012

The European Union came a step closer to overhauling regulations for the $700 trillion (448.60 trillion pound) derivatives market on Tuesday, one of the most opaque sectors in finance.
The EU rules, which could be in place by the end of the year, will overhaul a market that boomed in the run-up to the financial crash, demanding deals done off an exchange pass through a clearing house that pools emergency back-up capital………………………………………..Full Article: Source


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