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Exchanges Call for Mandated Clearing of Credit Default Swaps - Natural Gas Intelligence

U.S. and European exchange officials Monday said they supported Congress issuing a mandate for central clearing to increase transparency and reduce counterparty risk in credit default swaps (CDS), a form of insurance against the default of debt securities, which have contributed to much of the tumult in the credit markets. U.S. exchanges say they are ready or near ready to proceed with clearing of certain CDS transactions now.

2nd Quarter Graphic Business-Stanbic Bank Breakfast Meeting today

2nd Quarter Graphic Business-Stanbic Bank Breakfast Meeting today
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