OCC members' default fund payments drop 39% in 2018

Members of the Options Clearing Corporation saw their mandatory contributions to the central counterparty's default fund fall to $9 billion at end-2018 compared with $14.7 billion the year prior, reflecting a switch in the methodology used to calculate its default resources last September.

The $5.7 billion cut brought total participant required contributions to their lowest level since the second quarter of 2017. It made for a third consecutive quarterly reduction in the amount of required

To continue reading...

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: