October 28, 2013 BY Gerald Segal

Russia's central bank will enforce derivatives transactions through a central clearer

Bank Of Russia will introduce G-20 regulations regarding derivatives contracts in about 18 months. Starting today, the Moscow exchange has a central clearing mechanism for derivatives contracts, and there is wide speculation that it will become mandatory in 18 months. According to newly installed regulatory head Sergey Shvetsov, it will bring additional transparency to the…

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