One NSCC member paid record $40bn to cover dues in Q3

The cash call was 141% larger than the previous quarter

One clearing member of the National Securities Clearing Corporation (NSCC) had to pay $40.7 billion to the central counterparty (CCP) in Q3, topping the previous peak payment obligation by more than 77%.

The peak cash call was 141% larger than the previous quarter and the biggest reported by the CCP since public disclosures began in 2015.

  //

 

A payment obligation includes margin, settlement obligations and all other dues to cover membership responsibilities.

Maximum aggregate variation

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: