ISDA's O'Connor: Dodd-Frank, Basel III Can Boost Liquidity
By Sean Carney
Published: April 13 2011 WSJ
The implementation of global clearing houses for over-the-counter derivatives trades due to Dodd-Frank legislation as well as higher capital requirements to come from Basel III regulations are likely to boost overall financial market liquidity as client risk will be reduced and more trade will be encouraged, the incoming head of the International Swaps and Derivatives Association, Inc, or ISDA, said Wednesday.
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