Central clearing isn't a cure-all, execs say

Financial News asked market participants whether they think central clearing of over-the-counter derivatives will prevent another financial crisis. The consensus: There's no guarantee. One concern is that central clearing doesn't fully mitigate risk. In fact, it can be argued that it centralizes risk and thus could cause a crisis if it fails.

View Full Article in:

Financial News Online (U.K.) (subscription required)

Published in Brief: