OCC member default fund contributions jump 8%
CCP’s skin in the game fell slightly in Q4, making up 1.8% of the prefunded total
The Options Clearing Corporation (OCC) asked participants to pour an additional $2.5 billion into its default fund in the fourth quarter of the year, bringing the total to its highest level since Q1 2018.
Aggregate required member contributions to the fund totalled $15.8 billion at end-December, 19% higher than in the previous quarter.
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