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Boom Times?

Industry Pro Sees Opportunity In OTC Swaps

Traders Magazine, September 2012

Gregory Bresiger

Dodd-Frank is changing the business because it is pushing most swaps business out of the bilateral, dealer-to-dealer model, and into a more transparent clearinghouse model. These are the expectations of Michael Dawley, a 30-year clearing veteran and global head of futures and derivatives clearing at Goldman Sachs.

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