Goldman formally announced yesterday its new OTC derivatives clearing unit – Derivatives Clearing Services. This is no real surprise as clearly the major dealers are getting ready to help their clients navigate the new, more complicated world. Further, I’m sure we’ll see similar announcements in the coming week from Goldman’s competitors. This article looks into whether GS […]
Tag: goldman sachs
Bloomberg – Goldman Sachs Demands Derivatives Collateral It Won’t Dish Out
Between AIG and the push for central clearing of OTC derivatives, collaterals has become a pretty hot topic lately. Yet again the focus is on Goldman, with claims that while they are demanding more collateral from trading counterparties they are unwilling to post the same levels of collateral on their own trades. And as with […]