OCC seeks leverage ratio relief as liquidity shrinks

85% of CCP’s volumes now short contracts on 20 biggest names, claims risk chief

Image of a dollar sign made of water

The Options Clearing Corporation (OCC) is seeking guidance from US bank regulators that would cut capital requirements for its members, in a move prompted by shrinking liquidity at the world’s biggest equity options clearer.

The OCC blames the problems on the leverage ratio, currently being debated by international regulators as part of attempts to finalise the remaining elements of Basel III. Criticism of the ratio yesterday by Jerome Powell, a governor of the Federal Reserve, has given the

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


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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