Polish OTC Clearing Planned for Nov 2012

October 16, 2012 by Bill Hodgson 3 Comments

KDPW CCP plans to launch clearing of OTC products on the 19th November 2012, having worked with MarkitSERV and SWIFT for trade acceptance. KDPW have an impressive list of launch products:

Forward Rate Agreements
Interest Rate Swaps
Overnight Index Swaps
Basis Swaps
REPO

With more to come in Jan 2014 including:

FX Swaps
FX Options
Interest Rate Options
Cross-Currency Interest Rate Swaps.

Details here: http://www.kdpwccp.pl/en/kdpw_ccp/Development/OTC_CLEARING/Pages/introduction-of-otc_clearing.aspx

Central Counter Party, KDPW

ccp, clearing houses, derivatives, EMIR, otc derivatives, rate swaps

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CCP Score Sheet as of October 2012

3 Responses to “Polish OTC Clearing Planned for Nov 2012”

Ricky Maloney October 16, 2012 at 15:22

Bill,

They’ve obviously put a hell of a lot of work into this. Spent millions on development and put God knows how many thousands of hours into the platform / product. Yet they spell ‘Treasury’ incorrectly on their front page.

It’s a shame. Doesn’t take a second to spot these things.
Bill Hodgson October 16, 2012 at 15:26

Oooh, you must be Captain of the Ignis spelling team?
Ricky Maloney October 16, 2012 at 15:28

Deputy…they’d never put me in charge of anything.