Sovereigns urged to clear OTC trades
OTC derivatives trades that are not centrally cleared are likely to cost more than cleared transactions, due to pricing by bank counterparties, argues BNY Mellon.
Asian sovereigns might be better off centrally clearing over-the-counter derivatives trades regardless of statutory requirements, because the higher pricing charged on non-cleared, bilateral trades by bank counterparties is likely to outweigh clearing costs.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.