CCPs need to provide margin efficiency, says industry panel

Central clearing will place a huge burden on end-users, forcing CCPs to consider how best to create operational and margin efficiencies

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Ian Axe, LCH. Clearnet

Central counterparties (CCPs) should look at how to provide operational and margin efficiencies to help ease the burden on derivatives end-users, according to panellists at the Futures Industry Association annual conference in Florida yesterday (March 14).

Under an agreement reached by the Group of 20 nations in September 2009, all standard over-the-counter derivatives must be cleared through a CCP by the end of 2012. While many expect that deadline to slip – at least in some jurisdictions – the

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