LME case could redefine exchange powers to cancel trades
European trading venues have broad discretion when responding to market emergencies
Source: risk.net
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European trading venues have broad discretion when responding to market emergencies
Exit of Bell Potter exacerbates shortage of clearing capacity in Australia’s energy market
Some banks stick with T+1 margin posting, but others balk at funding cost and counterparty risk
Years of warnings went largely unheeded. Questions may now spread to post-crisis clearing and margining project
At least three LDI managers request emergency capital as others consider unwinds to avoid default