Category «Clearing»

How CCPs Can Better Protect Themselves And Their Clients

skyscraper, trading, ccp. clearing counterparties, jp morgan

Central Counterparties are critical of recommendations made by the financial services firm JP Morgan This month, financial services firm JP Morgan released a white paper, recommending that all CCPs and clearing members commit to an ‘additional recapitalisation fund.’ This will be held in escrow by an intermediary party (i.e. a central bank or a government …