EU, U.S. Reach Deal on Clearing Rules for Derivatives Market

CFCT Head: EU Deal on Clearing Rules Good for Markets

U.S. and European Union regulators reached an agreement on oversight of the $553 trillion global derivatives market, seeking to prevent capital increases from hitting EU banks this year and enabling CME Group Inc. to continue settling some of the world’s most common contracts.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.