Central counterparty: Difference between revisions
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imported>Doug Williamson (Expand and add link.) |
imported>Doug Williamson (Add alternative 'central clearing parties'. Source: ISDA file:///C:/Users/Panasonic%202/Downloads/ISDA%20VM%20Settlement%20Whitepaper%20final%20.pdf) |
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Most central counterparties are clearing houses. | Most central counterparties are clearing houses. | ||
Also sometimes known as 'central clearing parties'. | |||
Revision as of 18:06, 1 July 2017
(CCP).
A financial institution that acts as an intermediary between market participants.
UK central counterparties recognised by the Bank of England include:
- CME Clearing Europe Limited
- LCH.Clearnet Limited
- LME Clear Limited
Most central counterparties are clearing houses.
Also sometimes known as 'central clearing parties'.