News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

CME at odds with dealers over living wills

A CME Group executive has said the exchange is opposed to a proposal from the global dealer community to use buyside assets to shore up an ailing clearing house

A CME Group executive has said the exchange is opposed to a proposal from the global dealer community to use buyside assets to shore up an ailing clearing house.

His comments come as negotiations kick off on the creation of so-called "living wills" for clearing houses in Europe.

WSJ Logo