Mandatory OTC clearing wherever possible has been the centre
piece of global regulatory reform following the financial
From Hong Kong to Chicago, London to Sydney, new rules are
forcing OTC trades into CCPs on an unprecedented scale.
Advocates of the move point to the stability of CCPs during
the financial crisis and the fact that there have only been
three CCP failures in history.
However, concerns are growing of the interconnectedness of
CCPs and the creation of yet more too-big-to-fail systemically
At FOW’s Derivatives World London: The Debates
event on December 9 at the Grange City Hotel, clearing expert
John Wilson will debate with Eurex Clearing’s Phil
Simons on whether mandatory OTC clearing has made the financial
system less secure.
Join us by registering now at http://www.fowevents.com/EventDetail.aspx?EventId=7076.
Places are complementary for banks, brokers, prop traders,
market makers and the buyside.