Mr. Sunil Cutinho, Senior Managing Director, CME Clearing

Mr. Sean Downey, Executive Director, Global Clearing and Risk Policy, CME Group

The role that CCPs play in supporting trading activity has been enhanced and expanded with a number of additional regulatory features and protections being built into the system.  The goal is to have a robust financial architecture to support financial stability as well as to promote business opportunities. This session will describe some of the global regulatory developments and specifically how it impacts on particular exchanges, using  the CME clearing platform as an example. This session may be of interest to a variety of staff in member firms including legal, compliance, back office staff and front office traders.

· Features of CCPs and role in the changing regulatory environment.

· Understanding Central Clearing Market Structure (including financial resources waterfall protections)

· Incentives including  Capital costs and efficiencies.  And challenges faced by CCPs

· Commodity platform issues (including contextual information about the CME platform).

· Emerging regulatory issues and challenges: Leverage Ratio, Capital Regulations

· Future outlook.

Due to the high number of bookings, registrations to this event are currently suspended. For furhter information please contact carlo.geraci@ibajapan.org