Clearing 101: Exchanges, Clearinghouses and CCPs (Virtual)

• Date: Monday, 04 March 2024
• Time: 11:00 AM CST
• Location: Virtual Course
• Sponsoring Firm: Institute for Financial Markets

Join us for a short program (90 minutes each day for 2 days) that explains the multilateral systems that provide the infrastructure for transferring, clearing and settling payments, derivatives and other financial transactions among financial institutions and end users.

Following Dodd Frank, clearinghouses became designated as Systemically Important Financial Market Utilities, vital to the operations of the financial markets and subject to heightened regulatory scrutiny.  Buyers and sellers in exchange transactions rely on clearinghouses to intermediate transactions and to manage credit risks between trading parties. As such, clearinghouses promote transparency, efficiency, and stability by providing market-based pricing, daily settlement, and ensuring adequate capitalization for markets to function.

https://www.theifm.org/courses/clearing-101