Central counterparty clearing house: Difference between revisions

*'''Timing''': G20 Mandated that all standardised OTC derivative contracts be traded on exchanges or electronic trading platforms, where appropriate, and cleared through central counterparties by the end of 2012. There have been delays in both rule making and implementation across G20 jurisdictions. many jurisdictions have not yet fully defined the nature of either the central clearing or the trading obligation — which products are in scope; which factors will be used to determine the scope.