Uptake of the new US mandated swap venues has been disappointingly low
A leading asset manager has partly blamed the lack of an
aggregated view across the many new US swap trading platforms
for the slow take-up of these venues by his peers, underlining
the latest teething problem with Washington's new US swap
"The biggest surprise and the biggest disappointment is the
lack of pick up in the CLOB (central limit order book) in the
most liquid tenors from the buy side," said Michael
O’Brien, director of global trading, Eaton Vance,
a fund manager.
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