09.11.2011 - More clarity needed over commodities clearing in Europe
European regulation aimed at driving more commodity derivatives trading through clearing is causing concern among small and medium-sized energy companies that donít yet know if they will be exempted from the requirements. Gillian Carr reports All signs point towards the growing trend of a majority-cleared over-the-counter commodity derivatives market, as European regulators follow the Group of 20's (G-20) mandate calling for all standardised OTC derivatives contracts "to be traded on exchanges or electronic trading platforms, where appropriate, and cleared through central counterparties by end-2012 at latest...............................................Full Article: Source
Print