Page 2 - Default Funds News Today

Some fear CCPs will fast-track recovery, others say any rulebook will be ignored in emergency

Even as markets churned in 2022, clearing houses coughed up only 2% of funds at end-September – the same as the previous year

Stress loss based on hypothetical scenario was $390m higher than prefunded resources

Market volatility and current interest rates level behind increase in Q2

CCP’s skin in the game also up slightly, pushing aggregate amount to highest since Q1 2022

Legal costs cannot be passed to members as non-default losses under the LME’s rule book, lawyers say

Report on March 2022 blow-up says CCP may need to “intervene” on deduction of VM gains from IM

Aegon UK has launched its climate roadmap, warning the time for “bold climate action” is now.

Even after Emir 3 draft, EU regulator would like more powers over both foreign and domestic CCPs

Clearing house close to depleting default fund under toughest credit stress scenario