EACH Supports the Introduction of a CCP for OTC Derivatives
02 Mar 2009
The European Association of Central Counterparty Clearing Houses (EACH) has published a paper that indicates its support for the introduction of central clearing counterparties for the OTC derivatives markets. The industry association believes a CCP can serve as part of the blueprint to effectively mitigate counterparty risk and improve operational efficiency in the OTC derivatives market across asset classes and products.
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