Asia’s young repo market faces new OTC clearing hurdle

The repurchase market in Asia is small, which means if other regions are a guide, it should expand rapidly. However that progress could be slowed by regulatory efforts around the world to shift more trading and clearing of over-the-counter derivatives onto exchanges, or with centralised counterparties. O’Delle Burke, product manager for collateral management at JP Morgan, speaking at AsianInvestor's third annual Southeast Asia Investment Forum in Kuala Lumpur this week, says repur…