LME Clear today issued a consultation proposing a range of measures aimed to further bolster the resilience, transparency and fairness of its markets.
The proposals include an increase to the minimum net capital requirement for members and the introduction of a default fund mutualisation limit and anti-procyclicality control.
Michael Carty, LME Clear CEO commented:
“Last year we committed to an ambitious programme of change to strengthen our markets, and these are the latest set of proposals designed to increase transparency, predictability and overall resilience for clearing members and market participants more broadly. I would like to thank members for their collaboration in the process so far and look forward to working together as we continue to advance our business and further enhance…
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