NSCC member received record $42bn cash call in Q1
Largest payment obligation was 22% larger than previous quarter
A clearing member of the National Securities Clearing Corporation (NSCC) had to pay $42.3 billion to the central counterparty (CCP) in Q1, topping the previous peak payment obligation by 4%.
According to the latest disclosures released by the CCP, the cash call marked a 22% increase on the previous quarter, and was the highest recorded since figures were first published in 2015.
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