Member contributions propel six default funds to new highs
Skin in the game unchanged at four CCPs amid $3bn rise in default resources
In the third quarter of 2024, the default funds of six clearing services expanded to record levels, a Risk Quantum analysis of the latest public disclosures shows.
The Canadian Derivatives Clearing Corporation (CDCC) reported the largest quarterly increase percentage-wise, with the central counterparty’s default resources swelling by 13.9% to C$3.9 billion ($2.7 billion).
Eurex Clearing increased
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