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Sept 29 (Reuters) - The London Metal Exchange's clearing house will cut the minimum size of its default fund, which exists to cover outstanding debts of members who default on payments ...
LONDON (Reuters) - The clearing house of the London Metal Exchange (LME) ran down nearly its entire default fund under a stress test of its base metals service, the Bank of England said on Thursday.
Stock exchanges, such as the New York Stock Exchange ... that the clearing firm will be collecting enough funds from all trading parties, so they don't need to worry about credit or default ...
The Treasury Department has warned the government could run short of funds to cover ... the people said. Six clearing houses, including CME Group, Intercontinental Exchange Inc, and London Stock ...
Aug 29 (Reuters) - The clearing house of the London Metal Exchange (LME) said on Tuesday it would cut the size of its default fund, reflecting a lower level of risk over the previous six months.
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