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Trading Technologies has confirmed a reshuffle of its regional office management. Managing director Robbie McDonnell, who had been running the ISV's London office, will complete his long anticipated move to take over control of TT's...
“A lot of banks have spent a lot of money calculating the cheapest way to collateralise their positions, and they’ve hired some very bright mathematicians to do it. Why would they gamble all of that by using the cheapest clearing house?”
Senior rates players believe fears of a race to the bottom among clearing houses has been overstated.