Central counterparty: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Dead-end page - see also added 30/10/13)
imported>Doug Williamson
(Update external links.)
 
(13 intermediate revisions by 2 users not shown)
Line 1: Line 1:
(CCP).  
(CCP).  


A financial institution that acts as an intermediary between security market participants.
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==
==See also==
* [[Security]]
* [[Bank of England]]
* [[Brexit]]
* [[Clearance]]
* [[Clearing house]]
* [[Competent Authority]]
* [[EMIR]]
* [[Financial Conduct Authority]]
* [[Intercontinental Exchange]]
* [[LME Clear]]
* [[Novation]]
* [[SMF participant]]
* [[Variation Margin Gains Hedging]]
 
 
==External link==
 
[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]
 
[[Category:Accounting,_tax_and_regulation]]
[[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