Hints and tips:
...The European Association of Clearing Houses, which represents 22 regional CCPs, has called for a consistent global approach to the regulation of recovery and resolution frameworks of CCPs....
...Cross-Border Clearing and Settlement Arrangements in the European Union Alberto Giovannini is chief executive of Unifortune SGR, an asset manager, and also independent board member of DTCC Deriv/SERV LLC...
...The current PBOC governor, Zhou Xiaochuan, Xiao is the only chief of a state-owned bank to be a full CCP member....
...The clearing of swaps is also rising with more trades being placed in centralised counter parties, or CCPs....
...Most buy-side firms will have to access clearing services through these members – typically the large banks – due to strict membership criteria set by the CCPs....
...We know the rest: OTC derivatives are to be tamed, brought into formal trading systems, and be processed through central counterparties (CCPs). And trades are to be reported to trade repositories....
...Euro CCP is owned by DTCC, the post-trade group. The new service covers 15 European markets and is expected to be expanded to additional markets over time....
...Euro CCP is owned by The Depository Trust & Clearing Corporation (DTCC), the US post-trade group. Omgeo is jointly owned by DTCC and Thomson Reuters....
...The WMBA says CCPs could clear for both OTC and exchange traded products alike....
...In Europe, two exchanges are working on a CCP for credit default swaps....
International Edition