FX Week Forum: The challenges of clearing options

Nick Sawyer and Joel Clark

 

Central clearing of foreign exchange options has proved a problematic endeavour, ever since 2011 when regulators told the industry that central counterparties (CCPs) should guarantee final settlement – a requirement that would place heavy liquidity requirements on CCPs in case of FX options.

 

While the industry initiated a data collection exercise in early 2012, analysing five years of historical data in the FX options market to establish the size of the liquidity burden that would fall on

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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: