Central counterparty

From ACT Wiki
Revision as of 23:42, 15 July 2021 by imported>Doug Williamson (Remove out of date quote.)
Jump to navigationJump to search

(CCP).

A financial institution that acts as an intermediary between market participants including corporate treasuries.

The CCP must be duly recognised by the regulator ('Competent Authority') in its jurisdiction.


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 links

Andrew Bailey, Financial Conduct Authority (FCA), The Future of the City

FCA agrees transitional arrangements for ICE Futures Europe and the LME