Central counterparty: Difference between revisions

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==External links==
==External link==


[https://www.fca.org.uk/news/speeches/future-city Andrew Bailey, Financial Conduct Authority (FCA), The Future of the City]
[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]
 
[https://www.fca.org.uk/news/statements/statement-transitional-arrangements-trading-venues-under-mifir-article-542 FCA agrees transitional arrangements for ICE Futures Europe and the LME]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Treasury_operations]]
[[Category:Treasury_operations]]

Latest revision as of 17:55, 16 February 2022

(CCP).

A central counterparty is an institution, acting in one or more securities or cash markets, that is interposed between two trading parties.

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.


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'.


See also


External link

How the Bank of England supervises central counterparties