Some buy-side firms could soon lose swaps-trading ability

04/25/2013 | International Financing Review (free content)

At ISDA's Annual General Meeting in Singapore, market participants voiced concern that many buy-side firms will not meet Wednesday's deadline for signing up to a business-conduct protocol and therefore could lose their ability to trade over-the-counter derivatives. About 7,500 counterparties have agreed to business-conduct standards from the Commodity Futures Trading Commission, says Katherine Darras, ISDA's general counsel for the Americas.

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International Financing Review (free content)

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