Lee McCormack, client clearing business development manager for Nomura, discusses the implications of central clearing on the trading of OTC derivatives and what Asian investors need to know.
Tag : central clearing
Last week’s $44 million fine levied against Barclays for rigging gold prices highlights how real-money investors will win transparency in FICC trading – for a price.
Corporate and financial firms want to know more about the likely impact of central clearing of over-the-counter derivatives, according to Greenwich Associates. A big issue among Asian firms is that of local-currency contracts.