Experts expect derivatives clearing to surge

03/15/2013 | Wall Street Journal, The

More than $500 billion of swaps have been routed through clearinghouses since rules requiring clearing of certain derivatives trades went into effect on Monday. Some industry experts, however, say that may be only the beginning. "Whilst the numbers look impressive today, these things can build very rapidly," said Michael Davie, CEO of LCH.Clearnet Group's SwapClear unit.

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Wall Street Journal, The

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