Latest News
- Derivatives Operations +
-
Securities Operations
+
- Affirmation, Allocation & Confirmation
- Back Office
- Buy-Side
- Case Studies
- Clearing
- Corporate Actions
- Data Management
- FX Operations
- Hedge Fund Operations
- Industry News
- Mergers & Acquisitions
- Middle-Office
- Operational Risk
- Ops Automation
- Outsourcing
- Private Markets
- Reconciliation & Exceptions
- Risk Management
- Sell-Side
- Settlement
- T+1 Settlement
- Diversity & Human Interest +
- FinTech Trends +
- Opinion +
- Performance Measurement +
- Regulation & Compliance +
- Industry News +
- FTF Media & Content Channels +
- FTF Bull Run Blog
A new agreement will allow the derivatives clearinghouse to draw on Calpers as an alternative funding source.
The Options Clearing Corp. (OCC), a Chicago-based equity derivatives clearinghouse, has reached an agreement with the California Public Employees’ Retirement System (Calpers), the largest pension fund in the U.S., to establish a liquidity facility that will allow the OCC to tap Calpers for cash in the event of a default at one of its counterparties,...
Already a subscriber? Login here
