Securities Industry News – Derivatives Regulation Could Be Bonanza for Clearing Houses

By | January 26, 2010

“The major issues will stay pretty close to what they are in the House,” says Kevin McPartland, a senior analyst at New York-based research firm Tabb Group and author of “OTC Derivatives Regulatory Update,” a report released January 11 on the outlook for derivatives regulation and its impact on the industry.

McPartland says clearing houses could be big winners, as they expand existing electronic systems to clear OTC derivatives contracts between member firms. In the case of standardized swaps contracts, the technology employed will streamline the post-trade process. This will remove considerable operational risk from the once-manual process of clearing OTC derivatives.

Full Story Here

Have something to say about what I wrote? Please comment...