Too much choice: The problems with Europe's plethora of segregation models


When Europe's over-the-counter derivatives clearing rules take effect – probably during the first quarter next year – users may be able to choose from no fewer than 15 different segregation models, offered by the market’s four major central counterparties (CCPs). That could be bewildering, but for the clearing members that act as gateways to a CCP, the problem is less abstract – there will be too many different account types to support.

“We’re concerned about the multiplicity of margin

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

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…

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