Derivatives – EU derivatives plans focus on clearing
From III.co.uk: Centrally clearing the bulk of off-exchange derivatives contracts will be the core of Europe's efforts to cut risk in the sector as further study is needed before forcing any trades onto exchanges, an EU document said.
The document obtained by Reuters is a draft of the EU executive European Commission's plans to make the global $600tln over-the-counter derivatives market safer after the credit...
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