Wednesday June 24 2015
News Source: Global Exchanges
Focus: Credit Rating
Type: General
Country: Australia
Link: https://www.asxonline.com/intradoc-cgi/groups/participant_services/documents/manuals/asx018340.pdf
ASX Clear has published guidance on capital requirements. The document provides guidance to entities that are Participants of ASX Clear Pty Limited (ASX Clear) and ASX Clear (Futures) Pty Limited (ASX Clear (Futures)). The document is intended to assist all Participants to understand their obligations in relation to the ASX Clear/ASX Clear (Futures) capital requirements by setting out the procedural aspects to be followed.
While the document focuses on capital requirements, ASX Clear and ASX Clear (Futures) Participants also need to be aware of aspects associated with clearing risk management.
Click on the link above for further details.