Investor Presentaiton
Journey to CCP
-FMDQ
FMDQ Clear has now become strategically positioned to provide Central Counterparty ("CCP")
services in the near-term, as the required legal and regulatory basis have now been secured.
Legal Basis
B
CAMA
Netting Law and Bankruptcy
Remoteness
2020
Regulatory Basis
B
Central Counterparty &
Derivatives Market Rules
SEC RULES
2019
FMDQ Clear has transitioned from a Central Clearing House to a Central Counterparty
%
Central Clearing
House
Clearing of bilateral trades
Limited central risk management
mechanisms that provide some level
of settlement assurance
Collateral management
Note: CAMA - Corporate and Allied Matters Act, CCH - Central Clearing House
10
ā
Central
Counterparty
All CCH activities
Clear all kinds of cash and
derivatives products
Novates each transaction
Additional risk management
structure (Mutualised Default
Fund)
Multilateral nettingView entire presentation