Increasing default fund will allow us to clear more risk, says SGX

Increasing default fund will allow us to clear more risk, says SGX 09 Mar 2010

Singapore Exchange wants to double its default fund requirements for market participants in derivatives, so that it can expand its clearing services.

SGX said yesterday (Monday March 8) that its new structure would “more closely” link the level of participants’ risk held at the clearing house with their contributions.

Speaking to Futures and Options Intelligence, Agnes Koh, senior vice-president and head of...

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“The American public deserves a better depiction of the marketplace. The temporary relief from higher prices does not negate this need, especially given that a rebounding of the overall economy could lead to higher commodity prices.”

Gary Gensler, chairman of the Commodity Futures Trading Commission, believes commodity index funds and other financial investors participated in a commodity asset bubble

FOi - Futures and Options Intelligence

Increasing default fund will allow us to clear more risk, says SGX 09 Mar 2010

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