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New margin rules from March to hike trading cost in HK, S'pore, Australia

The global rules will require dealers to post and collect collateral or "margin" against OTC derivative trades

Hong Kong

HONG Kong, Singapore and Australia will introduce strict new rules for trading over-the-counter (OTC) derivatives on March 1, as the three jurisdictions look to implement international reforms drawn up in the wake of the 2008-2009 global financial crisis, regulators said on

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