OCC increases skin in the game in Q2
Own funds to handle a participant collapse amounted to $313 million
The Options Clearing Corporation’s (OCC) skin in the game increased almost 20% over the second quarter to its highest level on record.
As of June 30, own funds held by the central counterparty (CCP) to handle a participant collapse amounted to $313 million, up from $263 million at end-March and from $150 million in Q2 2020.
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Prefunded clearing member contributions to the CCP’s default fund increased by 1.4% to $12.4 billion over the second quarter.
The OCC’s skin in the game made up
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