NSCC issued record $45bn cash call in Q4

- By Joshua Walker
- 14 Mar 2024

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

A single clearing member at the National Securities Clearing Corporation had to pay $44.7 billion in the fourth quarter of last year, marking the largest payment obligation ever reported by the central counterparty (CCP).

The cash call – which includes margin, settlement obligations and all other dues to cover membership responsibilities – was up 5.7% compared with the previous peak in Q1 2023.

!function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d]

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net