FX HedgePool: Move to clearing may be irresistible - FX markets.
"Jay Moore says balance sheet pressures will redefine buy-side credit relationships. For much of 2019, the sell-side has been absorbed by the credit landscape and what it will look like in the future as banks’ balance sheets continually come under the microscope. As post-crisis regulations work their way into the market, profitability, and the best use of balance sheet and capital are becoming ever more important to banks..."