TRADE BODY ROUND-UPThe IMA on Europe, Zeros and fund inflows

August lived up to its promise of being a less hectic time for the IMA compared to preceding and succeeding months. And, as anticipated, IMA wasted no time in rolling up its sleeves come September. The month kick-started with the IMA responding to the European Commission's (EC) consultation paper on the OTC (over-the-counter) derivatives markets. The paper seeks to find ways to improve the current OTC market post credit-crisis and Lehman administration. IMA agrees with the EC's proposals that central clearing houses should take on much of the responsibility for clearing and settling OTC der...