Central Banking

Better plumbing can stabilise system: BoE's Tucker

Paul Tucker, a deputy governor at the Bank of England, has said that more widespread use of more open methods of trading would enhance the resilience of the financial system.

Tucker, responsible for financial stability at the Bank, told insurers on Tuesday: "The debate is not just about clearing houses and post-trade infrastructure. The financial community must also be open to more trading in core, vanilla markets going via exchanges or other well-designed and open trading platforms. If well

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