Central counterparty (CCP)

Post-trade technology provider Traiana has made a bid for banks and buy-side firms to use its central counterparty (CCP) connectivity service to clear non-deliverable forwards (NDFs) through LCH.Clearnet's ForexClear, after announcing the addition of...

Asian central counterparties (CCPs) looking to meet the September 15 deadline in applying for European Securities and Markets Authority (Esma) recognition will, for the most part, have to apply without knowing if their jurisdiction is deemed equivalent...

It could be dangerous to require a central counterparty (CCP) to set out in advance the steps it would take to recover from a severe loss, Eurex has warned – a stance at odds with emerging international policy – because the recovery plans may not work...

Mandatory clearing of over-the-counter derivatives could jeopardise policy-makers' hopes of a no-bailout financial system, according to Gary Dunn, senior manager for regulatory and risk analytics at HSBC.

Buy-side firms have reacted angrily to temporary portfolio margining provisions rushed out by the Securities and Exchange Commission (SEC) late on Friday as the clock counted down towards the start of mandatory clearing in the US.

Simon Garwood, Investment Services at Fiserv and Andy Mellor, Risk and Compliance, say that those considering a response to OTC regulations must also address operational risk issues.

Central counterparties (CCPs) should make full details of their risk and margin models publicly available, and any attempt to withhold information on the basis it is proprietary is wrong and unjustifiable, according to a senior Bank of England official....

The possibility that mandatory central clearing of over-the-counter derivatives, coupled with margin requirements for uncleared trades, could create a drain on the supply of eligible collateral has been overestimated and should not be a cause for panic,...