What’s New in CCP Disclosures – 3Q23?
Clearing Houses have published their latest CPMI-IOSCO Quantitative Disclosures showing IM for ETD at $438 billion is down 2.5% QoQ and down 20% YoY, while IM for IRS at $283 billion is down 11% QoQ and up 1% YoY.
Read more to get all the detail.
What is the latest European plan to onshore rates trading?
Almost exactly a year ago, the EU proposed requiring market participants subject to a clearing obligation to clear a portion of the products that have been identified by ESMA as of substantial systemic importance through active accounts at EU CCPs.
The unknown in the past 12 months has been how the EU will define the “Active Account Requirement (AAR)”. In the past few days […]