More talk than action

The world’s main clearing houses say they want a global central counterparty (CCP). They launched an association, called CCP 12, last year to push for it. But just how much progress has there been?

exchangescover-jpg
The CCP 12 association, established last August by a group of the world’s principal clearing houses to improve global clearing, netting and central counterparty (CCP) services, has made few waves so far. Indeed, the association has even shut one of the committees created at its founding.

CCP 12 was founded following a conference held in early 2001 at Chelsea Harbour, London, to identify and address a broad range of issues relating to CCP services, according to Patrice Renault, chairman of

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

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