SGX proposes change to clearing member default liabilities

22nd March, 2024

Luke Jeffs
Singapore

SGX issued on Friday the proposal to cap a clearing member’s liabilities “to meet multiple default losses arising within a 30-day period to three times the aggregate of its funded and unfunded clearing fund contributions”

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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