One NSCC member paid record $40bn to cover dues in Q3

- By Alessandro Aimone
- @aimoneale
- 06 Jan 2022

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One clearing member of the National Securities Clearing Corporation (NSCC) had to pay $40.7 billion to the central counterparty (CCP) in Q3, topping the previous peak payment obligation by more than 77%.

The peak cash call was 141% larger than the previous quarter and the biggest reported by the CCP since public disclosures began in 2015.

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