Ten years ago
Banks resist BoTCC request to extend guarantees
Board of Trade Clearing Corporation (BoTCC) is running into resistance from some bank-owned member firms, which are baulking at requests for unconditional guarantees to cover customer error accounts. Some see this as "a minor technical issue" which they hope to resolve soon but others said it threatens to become a more serious dispute.
Mife to be closedManila International Futures Exchange (Mife)...