CFTC trade rules will create 'winner's curse' (Risk.net)

Dissent for the block trade rule is still rampant.  As the thinking goes, if large swap trades, those that occur in illiquid products that occur…

Barclays Capital Rolls Out Electronic Credit Default Swaps Trading (Wall Street Journal)

Execution and clearing mandates for OTC derivative trades are still nearly a year a way by my estimates, but the Street is already getting ready.…