Treasury asks for control of derivatives market

Discussion in 'Wall St. News' started by MrDODGE, May 14, 2009.

  1. Pascal


    It's not that bad. They just want to create a central exchange for certain derivatives and capital requirements. This just brings the shadow banking system into the rules that the rest of us have to deal with daily. I prefer this to the game being rigged by shadowy trades among a few multinational banks.

    Just the same as my futures account has a margin requirement and a central exchange, these derivatives should also be subject to the same.
  2. NYC212


    some great longs the other day the markets tanked (long, cme, ice, nyx)

    decent again today for trading