What role should derivatives play in a reformed financial services marketplace?
I have yet to see much intelligent discussion on the topic and was really disappointed that the FT, in a full page article, resorted to a simple comment from a market participant and never sought other opinions:
“Forcing OTC products on to exchanges … would result [...]
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Sophis, a provider of portfolio and risk management solutions, says a survey of risk professionals shows that they expect at least 50% of their CDS trades will move from OCT to exchange-cleared platforms and 73% said that that next generation clearing houses for CDSs are absolutely necessary to improve credit trading
“The finance industry is clearly [...]
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No Page 3 girls, but the Journal has become somewhat livelier under Rupert Murdoch. Word was he planned to cut the length of some of the long feature stories, which had occasionally verged on parodies of themselves.
But what I have enjoyed is the way some topics are covered two or three times in different sections [...]
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Chicago is definitely the Second City for most people working on Wall Street, as suggested by that famous New Yorker cover showing a native’s view of the world west of the Hudson as an alien wasteland.
But the Chicago Tribune says that the city’s futures markets have flourished, in part because they don’t do OTC trades [...]
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