Tougher OTC trading conditions to persist, say European banks

- By Lorenzo Migliorato
- 25 Aug 2020

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Large European dealers in over-the-counter derivatives and securities financing transactions (SFTs) severely tightened credit terms and conditions for trading for all counterparties in Q2. Most said these would become even more onerous through the three months to end-September.

The survey of 28 firms conducted by the European Central Bank (ECB), showed “the most widespread tightening since the start of the survey in 2013”. Fifty-five per cent said price and non-price terms tightened either

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net