More traders of European futures and swaps may have to pay interest to banks for holding their collateral.
By John Detrixhe and Richard Partington, Bloomberg|August 24, 2016 at 08:09 AM|Originally published on Treasuryandrisk.Com
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Derivatives users are the latest group to be hurt by negative interest rates as they get penalized for the cash they park at Europe’s biggest clearinghouses. Traders can thank European Central Bank (ECB) President Mario Draghi.