SGX 'ahead of the curve' on CCP capital, argues director

Singapore Exchange puts up 25% of default fund capital; European and US CCPs contribute 2.6%

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SGX aims to be the 'flight to quality jurisdiction of choice' in Asia

Jane Diplock, an independent director of the Singapore Exchange (SGX), has lauded the venue for putting more capital at risk than other leading clearing houses, claiming the commitment means the firm is "ahead of the curve".

SGX has committed to put up at least 25% of the capital in its default waterfall, while the Monetary Authority of Singapore requires a CCP to contribute capital equal to 25% of the aggregate guaranty fund. Meanwhile, the European Market Infrastructures Regulation (Emir)

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Counting down to dollar Libor transition

In a Risk.net webinar, experts discussed the impact of market volatility on Libor transition, the availability of term SOFR, developments in non-linear markets and management of forthcoming CCP conversions

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