Credit terms are expected to tighten over the next quarter
Hedge funds have reported less favourable
credit terms for over-the-counter derivatives in the second
quarter of the year, as have a number of banks and dealers,
according to new European Central Bank data.
Respondents to the September 2016 survey
on credit terms and conditions in euro-denominated securities
financing and over-the-counter derivatives (SESFOD) markets by
the European Central Bank, have pointed to initial margin
requirements and credit limits becoming less favourable and
valuation disputes increasing,
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