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New derivatives rules in bills now headed into the US Congressional conference committee process, will impact far beyond banks and other derivatives market players, according to a new report from Greenwich Associates.
The shift to more centralised clearing of over-the-counter derivatives will have an uncertain effect on trading volumes, according to a survey that found many market participants expected volumes to decrease.
The majority of financial institutions and corporations around the world agree that moving OTC derivatives trading to a system of centralised clearing would help manage risk but many market participants still harbour serious concerns about the prospect, according to a survey from Greenwich Associates.
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