Optimizing the Cost of Customization for OTC Derivatives End Users For those of you who haven't seen it I recommend the article with the above title in the paper at the attached link (starts on page 69) published by the Institute for Financial Markets and written by Sean Owens from Woodbine Associates (a research-based consulting firm in Connecticut).   The article was cited by CFTC Commissioner O'Malia in his speech here. Though written last fall and from a buy-side perspective it provides a good overview of the new funding and capital costs and how they may play into OTC trading going forward. Jon Skinner