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Regulatory loopholes in Emir must be closed

| Derivatives

Eric Kolodner, managing director at Tradeweb in London, comments amendments to reforms of the derivatives market being debated by the Council of European Union and the European Parliament. He discusses why it is so critical that the new rules ensure non-discriminatory access to central counterparties by trading venues and that relevant derivatives are covered by Emir's clearing mandate, regardless of the venue of execution.