EU antitrust regulators have accepted proposals offered by Markit and the International Swaps and Derivatives Association that will make it easier to trade credit derivatives. The development will help move the market onto regulated exchanges, soothing concerns that the firms were impeding competition. In a statement, Mark Chandler, chief executive of Markit, said: “Today’s announcement is another step in our efforts to ensure derivatives markets
EU antitrust regulators have accepted proposals offered by Markit and the International Swaps and Derivatives Association that will make it easier to trade credit derivatives. The development will help move the market onto regulated exchanges, soothing concerns that the firms were impeding competition. The new proposals are expected to increase transparency and market stability while lowering transaction costs for investors.