NetOTC
NetOTC shelves swaps margining service
Start-up winding down after bilateral margining rules clashed with its exposure-pooling solution
Secretive start-ups eye uncleared OTC risk reduction
Dividing the over-the-counter market into cleared and uncleared products creates extra risk and inefficiency, critics claim – it also creates an opportunity for services that can repair the damage. Start-ups and established firms alike are now jockeying…