Optimisation services edge closer to EU clearing exemption
Lawmakers ask European Commission to consider if offsetting non-cleared trades could be exempt
European Union legislators have laid down proposals that could result in non-cleared trades executed through optimisation services being exempt from mandatory clearing. The amendment will facilitate new optimisation services, and ensure existing offerings remain viable if there is any future expansion of the clearing obligation to new asset classes.
“Regulatory clarity provides comfort to both the users and providers of post-trade services,” says Michael Modlock, global head of sales and
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