Free Site Registration

Global IDs Gain Traction to Combat Counterparty Risk

Traders Magazine Online News, June 20, 2011

James Armstrong

In an effort to combat counterparty risk, there is a major push to give financial institutions global ID numbers. Regulators, brokerage firms and banks are calling for a standardized way to recognize who is really involved in a transaction, regardless of where in the world a trade takes place.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?