--Eleni Himaras
Jason Kastner, vice chairman of the Swaps and Derivatives Markets Association, spent most of today’s market roundtable in Washington, D.C., playing devil’s advocate, arguing against other market participants for open access to clearing, ownership limits on clearinghouses and a separation of clearing and execution.
The Securities and Exchange Commission and Commodity Futures Trading Commission called the roundtable to ask players from all corners of the market ....