"Everybody knows there's pending legislation and eventually [our future customers] may be forced to clear products that are able to be cleared. I think they want to get a head start."
--Mike McClain, executive v.p. of the firm's business operations group, on why the Options Clearing Corp. is planning to launch clearing for over-the-counter equity derivatives next year.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
