As China’s derivatives market undergoes deregulation, regulators are expected to keep a close watch on the market to prevent speculative trading that has resulted in major losses in the past.
Satyajit Das, derivatives expert and the author of Extreme Money: The Masters of the Universe and the Cult of Risk, feels that CCPs may not offer a complete solution in terms of regulating OTC derivative markets.
BNY Mellon is hoping to leverage a broad service platform with multiple services as the industry becomes more complex and collateral requirements more onerous.
