Free Site Registration

For Better Or For Worse

Why The Clearinghouse Solution Could Have Its Own Difficulties

Traders Magazine Online News, March 14, 2012

Gregory Bresiger

Sometimes the solution to a problem-such as the current dangers inherent in the over-the-counter derivative trade-is as bad as, or worse than, the problem. The use of the clearinghouse, or central clearing counterparty (CCP) has been anointed by lawmakers as the way to prevent a repeat of the disasters that sprung from OTC derivatives trading in 2008.

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?