JSCC increases skin-in-the-game after merger
Risk.net Print this page The Japan Securities Clearing Corporation’s (JSCC) skin in the game increased more than 9% over the third quarter, following the integration of the Japan Commodity Clearing House (JCCH). Own funds held by JSCC to handle a participant collapse amounted to ¥27.6 billion ($266 million) at end-September. This is up from ¥25.3 billion at end-June. The additional ¥2.4 billion was posted to cover the default of participants in the newly-integrated commodities clearing services. The integration of Only users who have a paid subscription or are part of ...
Source: risk.net