Multiple local CCPs better than one global super-CCP – Siddhartha Roy profile

The beauty of diversity


When the G-20 nations committed themselves to over-the-counter derivatives clearing in September 2009, the most obvious beneficiaries were the market’s established international players. But a crop of local OTC clearing houses is also springing up in markets such as Japan, Poland, Singapore and Sweden – to the dismay of some market participants, who fear the effects of fragmentation. They may just have to get used to it, according to Siddhartha Roy, chief risk officer at the Clearing Corporation

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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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