OTC clearing takes next step in evolution with FX options

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OTC clearing takes next step in evolution with FX options

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Euro coins. Euro money. Euro currency.Coins stacked on each other in different positions. Money concept. | Marian Vejcik/weyo - Fotolia

The post-crisis push of over-the-counter (OTC) derivatives into central clearing took a major step forward this week as LCH launched an offering for physically deliverable FX options. Ross Lancaster reports.

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