the clearing house will use the defaulted party’s default fund contribution. In the event of a counterparty default where the defaulting counterparty's posted margin and default fund ...

They have been asked to define how the default fund would be raised from various participants such as brokers, exchange and clearing corporations. Clearing corporations usually clear and settle ...

Clearing members say changes to the LME Clear default fund calculation should lead to a more rigorous enforcement of the defaulter-pays principle, and avoid banks footing the bill for corporate ...

The market regulator Securities and Exchange Board of India’s (SEBI) proposal to demerge clearing corporations ... shareholders for enhancing the default funds, nor for funding any new ...

In the wake of MF Global's default, clearing houses are attempting to coordinate a response ... A particular sticking point has been the disappearance of MF Global clients' funds from CME, over $600 ...

CME Group Inc. disclosed Thursday that it agreed to an amendment that gives the commodity exchange company ... liquidity "in the event of a clearing member default," a liquidity constraint or ...