Regulation & enforcement
CME Securities Clearing details execution-broker roles in default plan
The Treasury cash and repo clearing service is targeting 7 December, with launch still subject to remaining regulatory approvals.
Default management
The companies, products and regulatory developments shaping the broker industry.
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Products & pricing
Euronext Clearing changes default-auction incentives from November
The revised framework separates liquidation pricing from the order in which members’ default-fund contributions absorb losses.