Societe Generale’s OTC Clearing Group

Hedge funds blaze trail to OTC clearing

HAMLIN LOVELL

The clearing mandate arrived earlier (2013) in the US than in Europe (2016), but “hedge funds everywhere have been early adopters of clearing for reasons such as operational efficiency, margin efficiency, compression and treatment of credit lines” says Jamie Gavin, Head of EMEA and APAC OTC Clearing at Societe Generale. So hedge funds, already familiar with margining, went live well before the ‘category one’ deadline in Europe (category 2 applies from December 2016, and...

This article is only available to subscribers.

Having problems?

If you have any questions regarding subscriptions or restricted content, please contact us on +44 (0)207 278 3385 or info@hedgefundjournal.com