A clash over CCP membership

Caps in hand?

p67-edmonds-gif
Christopher Edmonds, Ice Trust

Central counterparties (CCPs) have become the ultimate too-big-to-fail institutions. Already responsible for trillions of dollars worth of risk, new regulations will force an even greater share of the over-the-counter derivatives market through clearing houses – and by doing so, create a small number of institutions that are vitally important to the financial system. Any loosening of CCP risk standards, no matter how small, is therefore bound to raise eyebrows. A recent suggestion by the Commodi

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: