Paul Richards

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Last quote by Paul Richards

This is likely to increase costs for end-users of the derivatives market, given current economies of scale in London from pooling liquidity in several currencies, which allow multilateral netting of transactions and a reduction in the collateral needed.feedback
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Jul 12 2017 Multilateralism
This page is completely dedicated to what Paul Richards has to say. All of Paul Richards’s quotes are organized here by date and topic. The most recent quote attributed to Paul Richards came from an article called Derivatives costs to rise if euro clearing moved from London -ICMA: “This is likely to increase costs for end-users of the derivatives market, given current economies of scale in London from pooling liquidity in several currencies, which allow multilateral netting of transactions and a reduction in the collateral needed.”.
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