Markets

CPMI and IOSCO consult on CCP access and porting practices

By Justin Pugsley
BRR fallback image

Global standard setters are consulting on ways for client positions at a defaulting central counterparty clearing houses (CCPs) to be ‘ported’ to a viable clearer to avoid quickly liquidating positions, which could disrupt markets. 

The consultation is an information gathering exercise rather than seeking to impart guidance, said the Committee ...

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