As a result of certain deficiencies, the Options Clearing Corp's clearing fund was "underfunded" at various times between October 2019 and May 2021.
February 20, 2023Margin rates will be differentiated based on different risk profiles of securities. Margin offsets will be introduced to account for diversification effects. Anti-procyclicality measures will be enhanced.
November 4, 2022The proposed amendments seek to clarify the obligations of SGX-DT trading members when accessing GIFT Connect to trade Nifty derivatives.
June 11, 2021Reducing the settlement cycle to T+1 could reduce the NSCC's value-at-risk clearing fund charge by 30-40 percent for sample portfolios, DTCC said.
February 24, 2021SGX proposes to align CDP's default management practices with global standards and improve the efficiency and speed with which defaults may be resolved.
November 22, 2020