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Greenwich Associates: Momentum Building for Clearing in FX Derivatives
August 09, 2023
STAMFORD, Connecticut, Aug. 9 -- Greenwich Associates, a division of CRISIL, issued the following news release:

FX derivatives clearing is slowly on its way to becoming an important and influential component of the FX market structure.

While Dodd-Frank and a host of other rules have led to major increases in the clearing of OTC derivatives, the take-up in FX has been much slower. The reasons are understandable: FX instrument clearing is not mandated, FX transactions ge . . .

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