Derivatives-market pioneer seeks approval for swaps exchange

02/6/2012 | Wall Street Journal, The

Sunil Hirani, co-founder of Creditex Group, asked the Commodity Futures Trading Commission to approve an exchange that would cater to privately traded derivatives. "This is an effort to bring transparency, standardization and a regulated platform to the over-the-counter derivatives markets," Hirani said.

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Wall Street Journal, The

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