Brussels keeps watch as OTC clearing starts

The European Commission welcomed the start of Europe's first clearing of over-the-counter derivatives, 31 July 2009, but warned it would 'take account of the progress made by market participants' when it announced further proposals for such markets in the autumn.

ESO: Background Information: Eurex and ICE lead clearing race after Liffe setback http://www.europeansources.info/record/eurex-and-ice-lead-clearing-race-after-liffe-setback/

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