CFTC's clearing house recovery rule splits industry
Some fear CCPs will fast-track recovery, others say any rulebook will be ignored in emergency
Source: risk.net
Stay updated with breaking news from Default Funds. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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