Deivatives Known Unknowns and Regulators

Few days back I did the post on OTC Derivatives Market And Reform with the intentions that over-the-counter (OTC) derivatives market is like a rigged poker game. They picture a smoke-filled room, in which unsuspecting clients are mastered by skilful opponents at investment banks known, perhaps appropriately, as dealers. Now regulators are trying to move more of the game into the open, by shifting OTC derivatives trades onto exchanges or electronic platforms by the end of this year, a target agreed on by G20 leaders in 2009.The dead line is unlikely to Continue reading “Deivatives Known Unknowns and Regulators”