Buy side weighs risk mitigation against clearing costs


Eighteen months after the US Department of the Treasury first proposed to exempt foreign exchange swaps and forwards from mandatory central clearing under the Dodd-Frank Act, banks have yet to hear for definite whether the position will be confirmed as proposed. But for the buy side, the more pressing question is whether the risk mitigation benefits of clearing might be worth the costs, even for some non-mandated products.

James Wood-Collins, chief executive of Record Currency Management in the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: