Apr 03, 2017
• DTCC Connection
The Role of CCPs in Promoting Market Stability
Central counterparty clearinghouses (CCP) play a critical role in the reduction of systemic risk in the markets they serve. The Depository Trust & Clearing Corporation (DTCC) operates two CCPs: The Fixed Income Clearing Corporation (FICC) and the National Securities Clearing Corporation (NSCC), both of which have been designated in the U.S as Systemically Important Financial Market Utilities (SIFMUs).
In this video, Murray Pozmanter, DTCC Managing Director and Head of Clearing Agency Services and Global Ops, discusses how DTCC ensures the resilience of its CCPs, how they help to successfully manage risk and how the role of CCPs will evolve over the coming years.