Tag:
Wall Street Dealers
Latest Headlines
Latest Headlines
Dodd-Frank rules on OTC derivatives to be delayed
Recall that Dodd-Frank set forth a July 16 deadline by which new rules--designed to move toward the central clearing of OTC derivatives trades--must be in effect. But it has been clear for some time
Unintended consequences of forced move to clearinghouses, exchanges?
The big day is fast approaching. We'll likely get a vote in the next day or two, barring something dramatic, on the financial reform bill working through the Senate. A lot is at stake-and in flux.
CME, Citadel give up on CDS exchange plans
This is hardly surprising. The CME Group and Citadel have abandoned their plans for a credit default swaps exchange services. Clearly, the big Wall Street dealers that dominate the CDS order flow
