Cboe Europe Derivatives is due to launch in the first half of 2021.
Margin calls increased due to volatility caused by the Covid-19 pandemic.
Open access regime delayed until 4 July 2021.
In March Japanese regulators allowed financial institutions to directly access Eurex Clearing.
HSBC was the clearing broker for Chong Hing Bank.
The run generated initial margin savings of $4bn.
There is deference to home country supervision of US-based derivatives clearinghouses.
Certain non-credit losses should be allocated in a transparent, predictable and equitable manner.
Daily margin calls increased during the March volatility.