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FSA opposes OTC standardisation plan
17 December 2009
U.K.’s Financial Services Authority (FSA) has rejected the proposal to force “standardised” OTC contracts into clearing houses
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FSA
OTC standardisation
U.K.’s
Financial Services Authority (FSA) has rejected the proposal to force
“standardised” OTC contracts into clearing houses, Financial Times reports. The
financial regulator is opposed to any imposition of “position limits” on OTC commodity derivatives
trading....
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