… and the case against moving to regulated markets

Derivatives dealers have been forced on to the back foot as they struggled to defend the over-the-counter markets against a barrage of criticism. Dealers accept the need for greater transparency, but question whether this requires a shift to exchanges.

According to their proponents, derivatives traded away from exchanges play a crucial role in the global financial system by enabling corporations, mortgage providers, bond issuers and others to accurately hedge their risk.

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How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line