VIDEO: Central clearing: lessons learned from US and Europe

In accordance with G20 commitments agreed in 2009, regulators are striving to implement central clearing for the trading of OTC derivatives worldwide. The process was introduced in the US last year, while clearing houses are also being authorised in Europe. For now, Asian jurisdictions have adopted a wait-and-see approach. Lee McCormack, client clearing business development manager for Nomura, outlines the implications of central clearing and how Asian investors will likely be e…