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FEAS - Federation of Euro-Asian Stock Exchanges in cooperation with the CCP12, organized a special workshop for FEAS Members and FEAS Friends, on 20th October 2020.
The training topic was "How to Start CCP Business" and the speaker of the training ➡️ Teo Floor, CEO at CCP12.
The productive workshop was followed by participants' questions and discussions.
Thanks to our distinguished speaker Mr. Floor and all the participants.
This was the first time FEAS was cooperating with CCP12.
Thanks for productive cooperation!
FEAS Secretariat, together with the CCP12 Team, has highlighted the most important points and ideas of the workshop. Below are some of them:
- CCPs are the buyer to every seller and the seller to every buyer, and thus interpose themselves to all contracts and ensure their performance.
- CCPs maintain a public rulebook, and include regulators and market participants in their governance and/or for advice.
- CCPs perform four main actions: multilateral netting, mark-to-market, collection of initial margin, and mutualisation.
- Three main benefits of a CCP are: efficiency of trade and settlement processing, credit risk mitigation and contract certainty, confidence and transparency for the marketplace.
HOW TO START CCP BUSINESS
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