AIMA Warns on Euro Clearing Costs for Hedge Funds

(HFMWeek) Managers will face additional costs if euro-denominated clearing is relocated to the eurozone post-Brexit, trade body Aima has warned. Such a move would cause fragmentation of liquidity and the duplication of collateral requirements, making clearing both less effective at mitigating systemic risk, and more expensive, according to Aima’s associate director.

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