Sentences with phrase «counterparty clearing house»

A third project — also being built with Intesa Sanpaolo, Banca IMI and Oraclize — aims to give users the highest levels of privacy by building private blockchains into a central counterparty clearing house (CCP) for trading derivatives.

Bitcoin prices have been highly volatile, but we don't expect this market risk to materially affect CME's or Cboe's creditworthiness given the small volumes involved and strong risk management at the central counterparty clearing houses (CCPs).»

Not exact matches

However, futures are traded on the exchanges and the exchange clearing house is the counterparty to both sides of the contract.

To minimize counterparty risk to traders, trades executed on regulated futures exchanges are guaranteed by a clearing house.

The clearing house becomes the buyer to each seller, and the seller to each buyer, so that in the event of a counterparty default the clearer assumes the risk of loss.

Since the transaction is not overseen by a clearing house / firm, I accept the risk that the counterparty may not honour the obligation...

This is because the exchange's clearing house, ASX Clear (Futures) Pty Limited, acts as the counterparty to each trade, so both the buyer and the seller contract with the clearing house and not directly with each other.

On Counterparty, the roles of escrow agent and clearing house are filled by the Counterparty protocol itself, eliminating unnecessary costs, time, and third - party trust.

JOB DESCRIPTION DESCRIPTION / JOB PURPOSE We are currently recruiting for an enthusiastic and motivated individual who has a keen interest in the clearing house counterparty credit risk management.