Buy-siders hope for late reprieve on margining for non-cleared swaps

National supervisors coming round to industry view on same-day settlement, say sources

abstract-time-brown-hourglass-sand-and-blue-clockfaces
Lobbyists argue same-day settlement is unfair for smaller firms

European buy-siders are hopeful of a late breakthrough in talks on margining requirements for non-cleared over-the-counter derivatives, which they say would impose a disproportionate cost and op