A dark futurefor clearing


Clearing Bank Hannover (CBH), which offered clearing services for electricityand commodity traders, has gone into liquidation and returned its banking licenceto Germany’s financial regulator. The news came as no surprise since, byall accounts, cleared trades on CBH were miniscule. But the episode did demonstratethat the initial promise of clearing has proved somewhat false. While some clearingorganisations – notably the New York Mercantile Exchange and Atlanta’sIntercontinentalExchange (Ice) –

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here