RBA’s Edey assesses future global CCP model


Malcolm Edey, an assistant governor at the Reserve Bank of Australia, on Thursday said despite a common commitment by G-20 leaders to central clearing in key derivatives markets, it was still difficult to predict how the clearing environment would develop.

At the Pittsburgh Summit in September 2009, G-20 leaders made a commitment to ensure that "all standardised over-the-counter derivative contracts should be traded on exchanges or electronic trading platforms, where appropriate, and cleared

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