Steve GrobFidessa - London
26 September 2014 | 977 views | 0 | Recommends 0
As the regulators push us towards centralised clearing for OTC derivatives they may actually be making the world distinctly less safe. At face value it makes obvious sense; if one party defaults the CCP steps in. As always, though, the problem lies in the
detail but this time not too far below the surface.
The first problem concerns the efficien...
TagsTrade executionPost-trade & ops