Options Clearing Corporation (OCC)
OCC seeks leverage ratio relief as liquidity shrinks
85% of CCP’s volumes now short contracts on 20 biggest names, claims risk chief
DTCC’s Bodson criticises ‘dumb-ass’ cyber risk rules
Requirement to recover from cyber attack within two hours unrealistic, he says
Clearers laud EC transition extension for non-EU CCPs
Absent the extension, OCC estimates extra $74 billion in RWAs for European members
OCC "pushing big time" for SEC-EU equivalence deal
Clearing house could lose up to 25% of its members without agreement
EU-US clearing deal ‘good enough’ to avoid CME exodus
Banks had planned to quit US clearer on February 21
EU members of US options CCP face $30bn capital hit
OCC fears approval will be held up by absence of SEC clearing rules
Op risk experts question banks' cyber strategy
"Stupid hurts just as much as malicious," says Mark Clancy at DTCC
BNY Mellon highlights dangers of unknown Sifis
Outsourcing and concentration could create inadvertent keystone companies
Options Clearing Corp faces pressures of systemic status
Disaster recovery and oversight key for utility's CRO
Business continuity tops the risk list for Options Clearing Corp
CRO explains how disasters have shaped his priorities
Single-stock futures alternative to section 871(m) withholding
Single stocks the future?
Risk & Return Canada: CCPs won’t stop future crises, says academic
Central counterparties a ‘Maginot line’ that won’t prevent financial breakdown, argues Queen’s University at Kingston assistant professor
OCC: equity derivatives to get a cross-margin service
OCC: equity derivatives to get a cross-margin service
Questions raised about CCP collateral
Bank collateral managers raise concern about wrong-way risk in clearing house collateral
OCC separates its risk management function
Michael Walinskas has assumed the role of senior vice-president responsible for risk management at the Options Clearing Corporation (OCC). His duties were previously covered by Andrew Naughton, formerly the chief financial officer of the Chicago-based…
OCC appoints two new directors
The US Options Clearing Corporation (OCC), the not-for-profit central US derivatives clearing organistion, has appointed Bear Stearns' Richard Lindsey and Charles Schwab's Stanley Lauchner to its board of directors.