The future of derivatives - The future of derivatives After the financial crisis in 2007 it is obvious that we need tight regulation for derivatives

The future of derivatives - The future of derivatives After...

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The future of derivatives After the financial crisis in 2007 it is obvious that we need tight regulation for derivatives. Group of twenty (or G-20) is concerned about implementation of new laws regarding derivatives. New rules will change derivatives market all over the world. At the 39 th FIA International Futures Industry Conference chairman was talking about harmonized global regulation. The main point of this harmonization is to make derivatives same worldwide. But it is not easy to do so, because there are a lot of requirements to it. Derivatives market regulations vary in every country, so we should come up with some universal set of standards or laws for derivatives. First of all, it will secure derivatives market. Second of all, it will improve financial transactions among countries that use derivatives. Because regulatory systems are different in European Union and the U.S., it causes certain complications and disagreements. Coordination is very important in the current situation. Since the U. S. has released Dodd-Frank agreement European Commission is trying to
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