The OCC’s ENCORE clearing system, while resilient, is long in the tooth and inflexible. OCC’s Project Renaissance aims to revamp the central counterparty’s data, risk management and clearing systems. The OCC chose Cinnober as a partner for the multi-year project. While that key initiative is something the OCC has planned for years, the SEC’s decision not to renew the clearinghouse's capital plan was a curveball.
In this video from JLN’s Industry Leader Series, OCC CEO John Davidson talks about those two developments.
“I know this is the most dynamic industry out there…the creative renewal in this industry is like no other.” During a time when LIFFE...
Peak6 was founded as a proprietary trading firm in Chicago by Matthew N. Hulsizer and Jennifer Just.
The climb back from the economic crisis has been long and hard. Two market participants believe that much is left to be done in...