Highlighting where the biggest challenges and opportunities lie as the industry moves toward mandatory central clearing.
Mandatory clearing is coming but is the market ready?
88% of firms are at least somewhat confident of being ready ahead of the deadline, 47% of those being very confident
USTC remains a North American topic, with low levels of understanding overseas. While awareness is high in the US, only 27% of European respondents describe themselves as very familiar with the rule changes, and APAC firms report only partial familiarity.
38% of firms expect margins to increase by over 25%, while 55% of respondents anticipate an increase in regulatory capital costs.