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.
The CFTC is mandated to help police the futures arena and its much bigger relative, the swaps market. Collecting and monitoring data on the...
When Julie Ros of Profit & Loss announced the closing of the publication, she listed all of the macroeconomic events that P&L had overcome...
Nasdaq OMX, the world’s first electronic stock market, is almost synonymous with technology. The exchange not only lists a large number of technology stocks...