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CFTC Chairman Gensler says idea was always to allow time before clearing requirement kicked in.
Nordea, DBS say they wont register with U.S. regulators to trade swaps with U.S. banks.
FX volatility hits five-year low; carry trade profitability has declined.
New share classes allow funds to maintain stable value by taking shares from investors.
Confusion on timing leaves securities firms scrambling to move swaps to clearinghouses.
Rising OTC costs may push companies to clear derivatives. (Krishnan Iyengar of Reval)