Hints and tips:
...and Bridge Corporation, is not yet complete....
...A bid from The Depository Trust & Clearing Corporation, the nearest, and much larger, equivalent to LCH.Clearnet in the US, has also come and gone....
...For years, a tug-of-war has raged between the big derivatives exchanges, from their home turf in Chicago, and the OTC markets, represented by dealers at the Wall Street banks....
...They were considering invoking the clause – which says transactions approved by the Federal Deposit Insurance Corporation cannot be broken by a third party – to block the Wells move in court....
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