OCC Issues Paper on Central Clearinghouse Resiliency and Stability – Press Release

CHICAGO–(Business Wire)–In the midst of record cleared contract volume, OCC, the world’s largest equity derivatives clearing organization, today released a paper titled, Optimizing Incentives, Resilience and Stability in Central Counterparty Clearing, on central counterparty (CCP) clearing resiliency, recovery and resolution. The paper details OCC’s approach as a market utility, to risk and capital management, ensuring industry feedback is received and considered, enhancing operational resiliency, and providing greater transparency to market participants.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200922005630/en/

(Graphic: OCC)

The paper can be found here and on OCC’s website at www.theocc.com.

KEY TAKEAWAYS:

  • CCPs like OCC – which stand between buying and selling parties in trades and manage the risk to the market should one side of a transaction default – have worked extremely well over the course of their existence by underpinning stable markets to the benefit of the investing public during times
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