Supplementary leverage ratio will hike cost of doing business for brokers
Some of the world’s top
futures clearing firms have underlined the risks posed by
regulatory change and outlined the possible role that industry
utilities could play in lowering the barriers to entry.
Speaking at the FOW Post-Trade event in
London, clearing brokers said regulatory changes are starting
to impact their businesses.
Silas Findley, the head of futures,
clearing and collateral for Europe, Middle East and Africa at
Citigroup, said: "The supplementary leverage ratio is something
that we are paying a lot of attention to but I do think we will
come out to an OK place."
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