OCC files plans to improve seclending CCP post-trade and default management

These rule filings will enhance the resiliency of the Stock Loan Program by strengthening the default management process, creating robust balancing and position management procedures and automating internal and external manual processes. Changes to the Stock Loan Program will include the following.

Improve Trade Receipt and Balancing
Enhance Post-trade Capabilities
Strengthen Default Management

The full information memo is available here.

The full rules are available from the SEC here.

Related Posts

Previous Post
P&I: San Francisco ends seclending program citing low returns, may return as interest rates rise
Next Post
Clearstream: LCH SA settlement solution for German debt

Fill out this field
Fill out this field
Please enter a valid email address.

X

Reset password

Create an account