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Industry developing code of conduct for trading practices.
London startup BestX will inspect the bank's algorithms.
CFTC Chairman Massad says hes sympathetic to clearing concerns.
Leaders discuss relocating $533 trillion of cleared swaps to New York, or to EU.
More traders of European futures and swaps may have to pay interest to banks for holding their collateral.
Paris and Frankfurt are already jockeying for spoils of Brexit falloutanticipating that clearing operations for euro-denominated derivatives will leave London.
Promoters say blockchain, the technology underlying bitcoin and other virtual currencies, could have prevented recent attacks on the SWIFT network.