Mifid II a 'deal killer' for some swaps, corporates warn
Requirement to broadcast quotes could end trading in certain swaps
European corporates are warning that draft rules limiting the ability for banks to offer client-specific prices will be a "deal killer" for some swaps, and say they will probably avoid banks that are unable to give them a better deal.
Europe's draft rules on transparency and trading require dealers to make bilateral over-the-counter derivatives quotes available to all of their clients under some conditions – effectively barring the current practice of giving preferential treatment to certain
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