The SWX introduces CCP

The SWX Swiss Exchange plans to introduce a central counterparty service (CCP) for the SWX Equity Market. The SWX CCP service will be an extension of the current virt-x model. The key drivers and benefits supporting the introduction of the CCP are standardization processing for members which translates into lower operating costs and greater efficiency. Reduction of risk through transparent risk management practices, with risk allocation managed and priced by the CCP providers giving reduced

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