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Central Clearing and the OTC Market
Bill Hodgson, Founder and CEO, The OTC Space Ltd
‘In Washington and Brussels a cure for the financial crisis is being planned – central clearing is the chosen panacea, or is it?’
The business case and benefits
Predictions for market development
US and European politicians believe that central clearing will save us from a future meltdown of the capital markets – unfortunately few others agree. This chapter attempts to define central clearing, how it works, and what it does and does not offer the world.
THE BASICS
How many of us would allow a complete stranger to owe us hundreds of thousands or millions of pounds ...
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