ISDA slams location policy, demands legal certainty
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Derivatives

ISDA slams location policy, demands legal certainty

Brexit fotolia pic

The International Swaps and Derivatives Association (ISDA) on Monday spoke up against a potential location policy for central counterparties (CCPs) after Brexit, saying that constraining euro derivatives trades' clearing to the EU 27 would increase price volatility, execution costs and systemic risk.

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