Buy-side firms have a pivotal role to play and must now make the crucial decision about where to clear over-the-counter (OTC) flow. Protecting clients is going to be front of mind so firms will be paying close attention to two factors: segregation models and recovery plans.
True Client Segregation
If a clearing member were to default, investors want reassurance that they'll be able to quickly transfer their positions, along with any collateral held, to a new member. Asset segregation models are v
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails