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KYB for energy derivatives: Is it just me?
Anyone else finding KYB for onboarding with new clearers/brokers for energy derivatives increasingly painful? Seems like the scrutiny on source of funds and business purpose has amplified since 2022, especially for smaller shops or those trading non-mainstream products like $CL_F spreads on smaller exchanges. The time investment for compliance is really starting to eat into operational efficiency. Curious if others are experiencing this uptick in friction or if it's just my recent unlucky streak with due diligence departments.
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