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.
Eurex Executive Board Member Randolf Roth discusses Eurex’s plans for latency protection (a speed bump) in its French and German equity options markets.
The world of blockchain and digital assets is one of tech enthusiasts. Consequently, understanding it requires significant technical knowledge, so it can be difficult...