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A new report from the World Federation of Exchanges urges greater harmony among the world’s CCPs, including better credit, market and liquidity risk management.
Securities clearing has seen many reforms since the Great Recession, but these overhauls such as the improved management of credit, market and liquidity risk still need to be consistently implemented across the globe, according to a new report from the World Federation of Exchanges (WFE) and Oliver Wyman. The report, “The Future Of Clearing,” finds...
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