Experts said the European Market Infrastructure Regulation, a key measure reforming the derivatives market, likely will be postponed until early next year. The delay increases concerns that the trading industry will struggle to comply by the end of 2012. "We hoped it would be the case that EMIR would be finished by 2011, but it looks like it will probably go into 2012," said Larry Thompson, general counsel at Depository Trust & Clearing.

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