CFTC proposal sparks scrap over CCP membership

CFTC proposal sparks row over CCP membership

risk-090201-02-gif

Plans to lower the bar for entry to the cleared derivatives space have sparked a fierce dispute between the large dealers and central counterparties (CCPs) that are already members of the club, and an array of other players that don’t have enough capital – or lack the trading and technology muscle – to meet existing requirements. Some CCPs currently require clearing members to have as much as $5 billion in capital – but the Commodity Futures Trading Commission (CFTC) proposed during a rule-makin

To continue reading...

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 indvidual account here: