"A lot of the buyside are global organizations, so once they’ve broken the seal and moved into clearing in the U.S., you’ll likely see adoption of clearing in other jurisdictions as well as firms look to standardize processes and improve efficiency.”

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"A lot of the buyside are global organizations, so once they’ve broken the seal and moved into clearing in the U.S., you’ll likely see adoption of clearing in other jurisdictions as well as firms look to standardize processes and improve efficiency.”

—Daniel Maguire, head of SwapClear in the U.S. at LCH.Clearnet in New York, on the testing of client clearing for interest rate swaps in Europe.

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