Setting Fire to a Cafe full of Elephants – Access to Clearing

An interesting mental picture painted by Nicole at Cardano, the gist of the story is that the firms offering client clearing have a finite operational and financial capacity to accept customers, and cumulatively less than the likely demand.

Access denied: Hundreds of firms could be unable to use CCPs – Risk.net.

2 Responses to “Setting Fire to a Cafe full of Elephants – Access to Clearing”

  1. Suresh Ramalingam September 19, 2012 at 16:27

    Better if you could post entire article here, for those like me who can’t read full article as not having subscribed to Risk.net

  2. Suresh, I would be committing a big copyright breach if it did that. I know some of the Risk staff sometimes read my blog, it wouldn’t look good or be morally right to do so. See if someone in your firm has a copy.

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