DTCC warns on 'esoteric' ETFs, calls for more clearing

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By Costas Mourselas
12 Sep 2018

The Depository Trust & Clearing Corporation (DTCC) on Wednesday called for "esoteric" exchange traded funds (ETFs) to be “closely monitored” and for a further expansion of clearing of derivatives and cash markets.

The views were expressed as part of a white paper on systemic risk to commemorate the 10 year anniversary of the collapse of banking giant Lehman Brothers. 

"There has been tremendous progress in the last 10 years, with the industry and regulators working to mitigate systemic risk and increase ...

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