CESR proposes changes for the OTC derivatives market

07/19/2010 | Risk.net (subscription required) · Reuters

The Committee of European Securities Regulators suggested making electronic confirmation of over-the-counter derivatives trades mandatory. CESR also said incentives should be used to prompt more privately negotiated derivatives trades to be standardized and traded through exchanges. "Against this background and as a preliminary opinion, CESR is in favor of incentivizing the use of organized trading venues but continues to consider whether mandatory usage is desirable," CESR said.

View Full Article in:

Risk.net (subscription required) · Reuters

Published in Brief: