No improvement in porting since Lehman, CCPs say


Collateral porting procedures in futures markets have barely improved in the four years since the collapse of Lehman Brothers, according to senior clearing house execs.

Speaking yesterday at a Futures Industry Association conference in New York, senior figures from central counterparties (CCPs) in both the US and Europe agreed a lot still has to be done to improve the management of customer collateral, especially following a member firm default.

"On September 15, 2008, we had to scramble to

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: