Bloomberg suit won't constrain futurization of swaps, experts say

04/21/2013 | Trade News (U.K.), The

Industry experts say the lawsuit Bloomberg has filed against the Commodity Futures Trading Commission will not slow down the futurization of swaps. Bloomberg's lawsuit involves the differing margin requirements for swap futures and cleared swaps. "There is definitely going to be a significant shift from swaps to futures, but it will not be a complete migration of volume," said Charley Cooper of State Street Global Markets.

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Trade News (U.K.), The

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