CCP Score Sheet as of October 2012

October 16, 2012 by Bill Hodgson 10 Comments

It’s been a while since I updated my popular chart with the current notionals at the various CCPs. New entrants to this months chart include:

JSCC for IRS off to a quick start with $42bn
Data for CME and LCH on NDFs
IDCG became SwapClear US
KDPW with concrete plans to launch next month
Eurex is about to start IRS clearing with support from a group of the tier 1 dealers, but no data yet.
UPDATE 1: CME Plans for Europe revised, intending to launch IRS before the end of the year, and plans for CDS and FX in 2013
UPDATE 2: Eurex Equities moved back a year to 2013 based on David’s comment
UPDATE 3: Brasil added, two strands, clearing and registration, see this article: here

If anyone sees any mistakes, please let me know. I also added the software platform being used where known. Whilst Calypso has the most installations, by notional Murex is way ahead

CCP Chart

Central Counter Party, China, Eurex, FX Clearing, HKEx, ICE, JSCC, KDPW, LCH.Clearnet, NYPC, NYSE LIFFE, Research, Shanghai Clearing House

clearing houses, cme, derivatives, eurex, irs, lch clearnet, murex, otc derivatives, progress report, rate swaps, software platform

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10 Responses to “CCP Score Sheet as of October 2012”

Esther Vazquez October 16, 2012 at 15:38

Bill
I believe CME EU does also have plans to lunch IRS
Bill Hodgson October 16, 2012 at 15:41

Do you have any URL showing that? Rumours of CME clearing out of the UK have been on-going for some time. Thanks, Bill
Bill Hodgson October 16, 2012 at 17:43

Esther: I made contact with Dr Tina at CME, I’ve updated the chart for CME, you were right – thanks for the tip. Bill.
Gest October 16, 2012 at 18:10

Bill BM&F Bovespa is planning to launch an OTC clearing platform for IRS , they have selected Calypso in nov. 2011 , don’t know when the launch is planned. So now we have an additional block for south america
Bill Hodgson October 16, 2012 at 18:29

Thanks David, if you hear any more let me know, and I’ll add it to the chart.
Bill Hodgson October 16, 2012 at 18:31

I found this: http://www.thetradenews.com/news/Regions/Americas/BM_F_Bovespa_teams_with_Calypso_to_revamp_swaps_market.aspx

Which I’ll add to the chart. It keeps getting bigger.
Gest October 16, 2012 at 18:36

Eurex will not launch the equity options in Q4 2012 , you probably mean Q4 2013, focus is done on IRS at the moment , with further enhancements planned in 2013 on the asset class.
Bill Hodgson October 17, 2012 at 13:14

I’ve updated the chart for Eurex and added BM&F – see what you think.
Esther Vazquez October 22, 2012 at 14:22

Hi Bill, just saw the follow up today, couldn’t answer you on the 16th.
Thanks for the update, very good picture of what we have on the CCP world.

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