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Other stories you may find of interest:

European Commission calls for curbs on derivatives
The European Commission (EC) has called for curbs on the commodity derivatives market and a series of measures to reduce price volatility on raw materials such as oil and wheat.

Cleartrade to offer an OTC swaps exchange
Cleartrade Exchange has launched an OTC swaps exchange for interdealer brokers, traders and clearing members.

CBI urges further examination of CCPs for banks
The CBI has urged the investigation into the future of UK banking to look at central counterparties and warned that UK banks should keep intact.