Comex and Deletion: Difference between pages

Revision as of 14:19, 23 October 2012

A mechanism where some or all transfers to/from a defaulting participant are excluded from the settlement process.

In a netting scheme, this entails the recalculation of other participants’ bilateral and/or multilateral net positions.

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-''US.'' New York Commodity Exchange.
+A mechanism where some or all transfers to/from a defaulting participant are excluded from the settlement process.
-Now merged with other groups to form the CME Group.
+In a netting scheme, this entails the recalculation of other participants’ bilateral and/or multilateral net positions.
 == See also ==
-* [[UK Corporate Governance Code]]
+* [[Default]]
+* [[Netting]]