Liquidity resources vary across CCPs
Eurex, Ice Clear Credit, LCH SA most dependent on cash deposited at central banks
Central counterparties’ (CCPs’) liquidity portfolios differ from firm to firm, with some relying on central bank deposits and others on cash held at commercial banks to meet their funding needs.
A Risk Quantum analysis of 10 CCPs found that Eurex, Ice Clear Credit, and LCH SA had the most liquidity resources sequestered at their home central banks – with these deposits respectively comprising 94%, 77%, and 57% of their totals at year-end 2017.
On the flipside, Ice Clear Europe, Ice Clear US
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