EU clearing houses pass second stress test
ICE Clear Europe and BME Clearing faced minor shortfalls, but overall EU CCPs passed the stress test.
Economic benefit of using CCPs for repo trades should be weighed against need for increased margin, says OFR.
The World Federation of Exchanges urges flexibility and cross-border cooperation for CCP resolutions plans.
FIA, GFMA, IIF, ISDA and TCH have responded to recent CPMI-IOSCO guidance urging for greater transparency for clearing members.