CCP Global explained

The Global Association of Central Counterparties or CCP Global, formerly CCP12, is the trade association of central counterparty clearinghouses (CCPs) located in Amsterdam in the Netherlands, and China. It represents 39 primary members, and 3 observer members of CCPs operating across Africa, the Americas, Asia, Australia and Europe and representing over 60 individual CCPs.[1] CCP12 was formed in 2001 by major central counterparty organizations in Europe, Asia and the Americas to share CCP related information and to develop analyses and policy standards for common areas of concern.[2] [3] [4] [5] [6] [7]

History

CCP12 was formed in 2001 by major central counterparty organizations in Europe, Asia and the Americas to share CCP related information and to develop analyses and policy standards for common areas of concern. In 2008 at its annual meeting in Tokyo, CCP12 endorsed the collaboration by forming an executive committee to govern its global agenda. In 2015, the CCP12 was registered as an official association in Shanghai, China and a CCP12 office was opened there in 2017. In 2022 opened a second CCP12 Office in Amsterdam, the Netherlands. In 2023, CCP12 was renamed CCP Global, though the formal name remains the Global Association of Central Counterparties.[8]

CCP Global is a sponsor of MarketsWiki.com.[9]

Members

As of the most recent update, CCP Global consists of the following central counterparty clearinghouses:[10]

CCP12 primary members

CCP12 observer members

References

  1. Web site: Industry Associations. Depository Trust Clearing Corporation (DTCC). August 31, 2023.
  2. Web site: History. CCPGlobal . July 18, 2023.
  3. Web site: Response to join notice of proposed rulemaking: Regulatory Capital Rules . U.S. Federal Reserve. August 31, 2023.
  4. Web site: CCP Default Auctions Best Practices . International Swaps And Derivatives Association. August 31, 2023.
  5. Web site: CP12 Responds to CFTC on Clearing RFRs. Markets Media. August 31, 2023.
  6. Web site: CCP12 report: "Incentives for central clearing and the evolution of OTC derivatives". Eurex. August 31, 2023.
  7. Web site: Report of the CCP Risk and Governance Subcommittee. U.S. Commodity Futures Trading Commission (CFTC). August 31, 2023.
  8. Web site: The Global Association of Central Counterparties – adopts its new name and branding from CCP12 to CCP Global. CCP Global. August 31, 2023.
  9. Web site: CCP12. LinkedIn. August 1, 2023.
  10. Web site: What We Do. CCP Global. August 31, 2023.