Experts debate consequences of futurization of swaps

Some market participants say the conversion of swaps to futures could lead to problems. "As the market gravitates to the cheaper platform -- and it's cheaper because it's unsafe -- that creates risk for everyone," said James Cawley, CEO of Javelin Capital Markets. However, others say swaps contin...


This news summary appeared in ISDA dailyLead on 02/15/2013
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