Goldman launches clearing services

More products will be moved to exchanges and cleared as a result of financial regulation reform bill

Goldman Sachs is launching a new business to give clients more information on clearing platforms and provide multi-asset class reporting in anticipation of over-the-counter products being moved to exchanges as a result of the financial regulation reform bill.

Goldman Sachs said in a statement yesterday that it is launching a Derivatives Clearing Services business as clients will be faced with new reporting, connectivity, and regulatory requirements

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