LCH.Clearnet 'shocked' at Dodd-Frank capital requirement

roger-liddell2

The row over minimum capital requirements for clearing members of central counterparties (CCPs) intensified this week, with London-based clearing firm LCH.Clearnet claiming it might not be able to work with the $50 million minimum proposed by regulators.

The limit was put forward by the US Commodity Futures Trading Commission (CFTC) on December 16 as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. It has since provoked a dispute between firms that believe the level is too

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: