In the U.S., 15 Wall Street Banks have pledged to do more than 90% of their eligible credit and interest-rate derivative trades through central clearinghouses by year end.

Meanwhile, it introduces three kinds of financial derivative tools: Finance Future, Finance Option and Interest Rate Swap.

We understand it to be a real issue that could potentially cover any over-the-counter derivative contract - so swaps, forwards, options, whether interest, FX, credit equity or other.