Banks pay billions to settle CDS clearing case

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

Register Free

Sign up to this free service allowing you access to selected news and feature articles plus a weekly email news bulletin

Already a registered user? Click here to login.

 

This is an online only service and is available free of charge. Creditflux reserves the right to terminate access to the site at any time.

TAGS: Law suits

Comment by: Anonymous. Posted 2 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?