Decision paper on treatment of prudential offsets in the wholesale market
We have published a decision paper on our Offsetting of prudential requirements for exchange traded, spot, OTC and FTR markets project.
We have been considering the potential to integrate clearing and settlement for exchange-traded derivatives and other wholesale market transactions cleared and settled by the clearing manager. After a thorough investigation, we have decided at this time not to pursue further developments in this area.
This decision was reached in large part due to the expected lack of substantial net benefits and consideration of the resources required for a very complex project which would present a wide range of risks.
Last updated: 26th June 2018