Vol Edges Higher As Dollar Gains

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Vol Edges Higher As Dollar Gains

"It is no good implementing piecemeal bits of the jigsaw. There is a significant number of changes for us to feel it's important [to look at this area]."--Tim Hailes, senior equities lawyer at JPMorgan, on the examination of its risk trading systems to avoid potential mismatches by pending changes in the International Swaps and Derivatives Association's 2002 equity derivatives definitions. For complete story, click here.

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