Buy-side firms are seizing the moment. They could have adopted a defensive attitude while over-the-counter markets were being rebuilt, speaking up only when their business model was threatened. Instead, a handful of firms have become activists, influencing key issues like the design of collateral segregation regimes, clearing documentation, credit checks and block trading (see www.risk.net/2192883 and Risk March 2012, pages 37–43).
Some of the more sweeping changes will happen without their invo
The week on Risk.net, March 10-16 2018Receive this by email