Segregation clash could stop European firms using US CCPs

Segregation clash

siebel-rudolf
Rudolf Siebel

Buy-side firms in France, Germany and other European Union (EU) countries may not be able to use central counterparties (CCPs) in the US because of a clash between the two jurisdictions’ segregation regimes. It is a particular problem for credit markets. Currently, only CME Group and Ice Clear Credit offer client clearing for credit default swaps – and both are in the US.

“It is important for German asset managers to have access to US CCPs because of investments not cleared in Europe,” says

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

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 individual account here: