09.10.2008 - Commodity exchanges seen beefing up clearing houses
From Cattlenetwork.com: Agricultural commodity exchanges are likely to be pushing their clearing houses to expand their capabilities as volumes of over-the-counter business look set to increase, chief investment officer of hedge fund advisory Aisling Analytics, Doug King, said. A desire to minimize counterparty risk is likely to result in an increase in the amount of over-the-counter trades cleared through exchange clearing houses. While the majority of business in agricultural commodities takes place on exchanges, over-the-counter trading is popular for its flexibility..... Full Article: Source
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