Banks pay billions to settle CDS clearing case

Friday, October 02, 2015

Credit derivative dealers have settled an antitrust lawsuit which alleged that they blocked the emergence of electronic trading

TAGS: Law suits

Comment by: Anonymous. Posted 8 years ago [2015-10-05 00:34:45]

If this CDS clearing case had merit for antitrust litigation, what about all other clearing? That is, clearing of other types of derivatives, bonds, stocks, et cetera? Surely there must be similar activity from dealers and other entities to enable DTCC and Euroclear, right?

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