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OTC derivatives need new language

Mar 4 2013  The regulatory drive for more over-the-counter derivatives to be electronically traded requires new platforms, and new language to cope with the demands. Kevin Houstoun, co-chair of the Fix Protocol Global Technical Committee and chairman of Rapid Addition, explains the difficulties of translating rules into reality to Philip Stafford, editor of FT Trading Room.  (4m 3sec)
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Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.
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