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| (CCP).
| | The final date that an option holder can purchase or sell an underlying security/commodity. |
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| A central counterparty is an institution, acting in one or more securities or cash markets, that is interposed between two trading parties.
| | == See also == |
| | * [[Option holder]] |
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| The central counterparty guarantees the performance of the underlying transaction by acting as a matching seller to the buyer and a matching buyer to the seller.
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| UK central counterparties recognised by the Bank of England include:
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| *CME Clearing Europe Limited
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| *LCH.Clearnet Limited
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| *LME Clear Limited
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| Most central counterparties are clearing houses.
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| Also sometimes known as 'central clearing parties'.
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| ==See also==
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| * [[Bank of England]]
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| * [[Brexit]]
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| * [[Clearance]]
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| * [[Clearing house]]
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| * [[Competent Authority]]
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| * [[EMIR]]
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| * [[Financial Conduct Authority]]
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| * [[Intercontinental Exchange]]
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| * [[LME Clear]]
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| * [[Novation]]
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| * [[SMF participant]]
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| * [[Variation Margin Gains Hedging]]
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| ==External link==
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| [https://www.bankofengland.co.uk/quarterly-bulletin/2013/q2/central-counterparties-what-are-they-why-do-they-matter-and-how-does-the-bank-supervise-them How the Bank of England supervises central counterparties]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:Treasury_operations]]
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Revision as of 14:19, 23 October 2012
The final date that an option holder can purchase or sell an underlying security/commodity.
See also
