Banks and buy-side firms working with clearers to provide more granular info on margin shortfalls
CCPs failing to set effective margin limits – study
Clearers must strike a balance between countercyclicality and sensitivity to risk amid spate of major breaches
Asia CCPs forced to hike margins rapidly during equities rout
Margins for Nikkei 225 futures more than doubled at JSCC in a matter of days
Banks rail against China CCPs’ loss-sharing policy
Controversial loss allocation technique remains unused during the Covid meltdown, but banks want it banned
Clearing members in cash clash with Apac CCPs
Banks and clearing houses wrangle over who should pay for losses on invested collateral
One bad apple: default risk at CCPs
One clearing member’s disproportionately large position increases the credit risk for all CCP members
CCPs dismiss bank, buy-side criticisms
CME, Ice bat away suggestions of flaws in clearing house risk management
The great migration: CCPs ponder life after Span
As CME moves to a value-at-risk methodology, CCPs that license its model look on nervously