Central counterparty (CCP)

The failure to establish either a single global central counterparty (CCP) or a viable approach to interoperability means the move to central clearing has simply increased the number of institutions in the global financial system that are too big to fail,...

South Korea is set to miss the deadline to start clearing derivatives through a central counterparty (CCP) by the start of 2013 because of delays in passing new legislation to formalise central clearing through parliament.

Liam Huxley, vice president of Product Strategy at Advent Software, has discussed the introduction of centralized clearing and how a company such as his is talking to market participants, particularly the clearing houses and regulators, to develop solutions....

Almost a third of non-cleared North American single-name credit default swaps (CDSs) could be cleared by central counterparties (CCPs) today, according to new analysis conducted by the Securities and Exchange Commission (SEC).

Central counterparties (CCPs) are facing regulatory delays in efforts to provide margin efficiency between single-name and index credit default swaps (CDSs). This is an issue that could cause liquidity in the CDS market to evaporate unless it is resolved,...

LCH.Clearnet and Eurex will not accept clearing members' own-name covered bonds as collateral despite a proposal to allow it from the European Securities and Markets Authority (ESMA).

Legislators have put too much faith in central counterparties (CCPs), but they are not certain to prevent future crises, an academic has warned.