OTC Derivatives Clearing Debate Continues

Exchange and market participant executives expressed support for the move as progress toward standardizing the processing of OTC derivatives transactions, in remarks made during the Securities Industry and Financial Markets Association's (Sifma's) annual meeting last week.

"OTC derivatives have to be understood," says Paul Russo, managing director and head of U.S. equity trading, and co-head of global equity derivatives at Goldman Sachs, who spoke during the meeting. "We don't necessarily have

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