CCP contest starting to heat up


LCH.Clearnet's then-chief executive, Roger Liddell, knew what he was doing when he told Risk in April last year that the margin standards being used by one of the firm’s rivals were “bordering on reckless” (Risk May 2010, page 9). With regulators staking so much on the shift to central clearing, it was a remark that would generate headlines and focus attention on that rival – Nasdaq OMX-backed start-up, International Derivatives Clearing Group (IDCG).

IDCG responded with a vigorous defence of

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Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

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