Central counterparty and Contractor: Difference between pages

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imported>Doug Williamson
(Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.)
 
imported>Doug Williamson
(Add link.)
 
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(CCP).  
A contractor is an organisation or individual engaged by another organisation (or another individual) under a contract for services.


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.
== See also ==
 
* [[Agent]]
 
* [[Contract]]
UK central counterparties recognised by the Bank of England include:
* [[Contracting]]
*CME Clearing Europe Limited
* [[Employee]]
*LCH.Clearnet Limited
* [[Employer]]
*LME Clear Limited
* [[Furlough]]
 
* [[IR35]]
 
* [[Principal]]
Most central counterparties are clearing houses.
* [[Subcontractor]]
 
Also sometimes known as 'central clearing parties'.
 
 
==See also==
* [[Brexit]]
* [[Clearing house]]
* [[Competent Authority]]
* [[EMIR]]
* [[Financial Conduct Authority]]
* [[Intercontinental Exchange]]
* [[LME Clear]]
* [[Novation]]
* [[SMF participant]]
* [[Variation Margin Gains Hedging]]
 
 
==External links==
 
[https://www.fca.org.uk/news/speeches/future-city Andrew Bailey, Financial Conduct Authority (FCA), The Future of the City]
 
[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:The_business_context]]

Latest revision as of 00:40, 18 May 2023

A contractor is an organisation or individual engaged by another organisation (or another individual) under a contract for services.


See also