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LCH.Clearnet will now clear overnight index swaps (OIS) through SwapClear, its clearing service for over-the-counter interest rate swaps.
OIS are fixed/floating interest rate swaps. The...
“At the highest level of economic motivation for their actions and most generous interpretation of them, they are trying to influence prices in a way that benefits mankind and they should be considered heroes for it.”
John Lothian on speculators in the commodity markets.