Do we need to focus on prescribing and instituting appropriate clearing and settlement practices even for OTC products?

甚至对于柜台交易产品我们也需要着重加强清算与结算规程的建立制定吗？

youdao

Many of those end-users, which collectively hold 10-15% of OTC derivatives outstanding, also want exemptions from clearing.

这些最终用户中的很多人共同持有10-15％的场外衍生工具的未付账款，他们也想从结算中豁免。

youdao

Trading through clearing houses will break the "too interconnected to fail" paradigm, reduce the systemic risk inherent in the bilateral OTC marketplace and provide transparency.

通过清算行进行交易，将打破“相互关系过于紧密，以至于不能破产”的模式，同时降低双边场外市场所固有的系统性风险，并提供透明度。

youdao

The new regulation is a part of the Dodd-Frank financial reform act, under which the Commodity Futures Trading Commission (CFTC) proposed rules for how OTC derivatives clearing houses should be regulated.

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Why are many derivative market participants still objecting to exchange clearing of the remaining OTC derivative contracts?

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One clear difficulty springs up from the second invesigation to be conducted by the EC is that regulators had strived to have over the counter (OTC) derivative products settled through international clearing houses.

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