central clearing counterparties (CCPs)
GPTKB entity
Statements (61)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
financial institution
|
| gptkbp:benefits |
improved price discovery
increased market liquidity enhanced regulatory compliance potential for concentration risk reduction of counterparty exposure reduction of settlement risk standardization of contracts |
| gptkbp:evaluates |
netting of trades
|
| gptkbp:examples |
gptkb:Euroclear
gptkb:ICE_Clear gptkb:DTCC gptkb:CME_Group gptkb:CME_Clearing LCH.Clearnet Clearnet |
| gptkbp:function |
reduce counterparty risk
act as a buyer to every seller act as a seller to every buyer facilitate trade execution manage default risk provide a central hub for trade processing provide clearing services for derivatives provide clearing services for securities provide liquidity during market stress support market integrity |
| gptkbp:goal |
enhance market stability
|
| https://www.w3.org/2000/01/rdf-schema#label |
central clearing counterparties (CCPs)
|
| gptkbp:impact |
financial market infrastructure
market confidence trading strategies liquidity risk management cost of trading overall market efficiency systemic risk in financial markets |
| gptkbp:regulates |
subject to oversight by financial authorities
|
| gptkbp:relationship |
with regulators
with exchanges |
| gptkbp:requires |
governance structure
business continuity planning membership criteria data management practices transparency in operations risk management framework compliance with international standards capital adequacy standards disclosure of financial information operational resilience reporting of trades collateral from participants default fund contributions monitoring of market activities regulatory reporting obligations risk-based pricing of services stress testing of financial resources |
| gptkbp:role |
intermediary in financial transactions
|
| gptkbp:services |
clearing and settlement of trades
risk assessment of participants |
| gptkbp:technology |
utilize risk management systems
|
| gptkbp:type |
bilateral clearing
multilateral clearing |