Complex foreign exchange options not ready for prime time
One source of confusion is how transactions between a non-U.S. firm and a U.S. entity are treated."What we're hearing from European counterparties is that they're a bit confused as to whether trading with a U.S. bank would make you subject to SEF regulations," [David Collins] sai...
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Published in | Reuters Hedgeworld |
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Main Author | |
Format | Trade Publication Article |
Language | English |
Published |
New York
Argosy Group LLC
16.12.2013
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Subjects | |
Online Access | Get full text |
ISSN | 2331-1568 |
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Summary: | One source of confusion is how transactions between a non-U.S. firm and a U.S. entity are treated."What we're hearing from European counterparties is that they're a bit confused as to whether trading with a U.S. bank would make you subject to SEF regulations," [David Collins] said. "Are you going to get into trouble because you didn't report the trade? And what is the rule if a European bank trades with the European entity of a U.S. bank? Is that trade under SEF?" |
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ISSN: | 2331-1568 |