VIDEO: Central clearing: lessons learned from US and Europe
In accordance with G20 commitments agreed in 2009, regulators are striving to implement central clearing for the trading of OTC derivatives worldwide.
The process was introduced in the US last year, while clearing houses are also being authorised in Europe. For now, Asian jurisdictions have adopted a wait-and-see approach.
Lee McCormack, client clearing business development manager for Nomura, outlines the implications of central clearing and how Asian investors will likely be economically incentivised to participate ahead of rules becoming mandatory.
In this discussion with AsianInvestor’s Leigh Powell, McCormack reveals how the landscape is changing in terms of liquidity and pricing and what Asian investors need to know.
To watch and listen to this video discussion, please click here. For more details on Nomura’s clearing services, please click here.