As Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo stares down his European counterparts over harmonizing global derivatives regulations, threatening to lock out large EU banks from US derivatives markets, Peter Rippon, CEO of OpenGamma, looks at the confrontation with a knowing smile.
Q3 hedge fund letters, conference, scoops etc
The future is about global regulation, global clearinghouses, and global banks, Rippon told ValueWalk, pointing to the regulatory commonalities rather than the points of contention. “The larger issues are moving in the same direction (regarding margin).”
Significant regulatory changes that...