2012/13 Assessment of ASX Clearing and Settlement Facilities Abbreviations

ADI Authorised deposit-taking institution
AFR Available financial resources
AIM Additional initial margin
ALMO Approved Listing Market Operator
AMO Approved Market Operator
AONIA Australian overnight index average
APCA Australian Payments Clearing Association
APRA Australian Prudential Regulation Authority
ASIC Australian Securities and Investments Commission
ASXCC ASX Clearing Corporation
BBSW Bank bill swap rate
CAC Contributions and additional cover
CALCO Capital and Liquidity Committee
CBPL Capital-based position limit
CCMS Centralised Collateral Management Service
CCP Central counterparty
CDI CHESS Depository Interest
CGS Commonwealth Government securities
CEO Chief Executive Officer
CFD Contract for difference
CHESS Clearing House Electronic Sub-register System
CMaX Collateral Management Exchange
CME Chicago Mercantile Exchange
CMM Cash Market Margining
CMSA Collateral Management Services Agreement
CPSS Committee on Payment and Settlement Systems
CROCC CCP Risk, Operations and Compliance Committee
CRM Clearing Risk Management
CRO Chief Risk Officer
CRPC Clearing Risk Policy Committee
CS Clearing and settlement
DBOR Daily Beneficial Ownership Report
DCS Derivatives Clearing System
DLR Default liquidity requirement
DMC Default Management Committee
DMF Default Management Framework
DMG Default Management Group
DMSG Default Management Steering Group
DvD Delivery versus delivery
DvP Delivery versus payment
EGM Executive General Manager
EMIR European Regulation on OTC derivatives, central counterparties and trade repositories
EPSC Enterprise Portfolio Steering Committee
ESA Exchange Settlement Account
ESAS Exchange Settlement Account System
ESMA European Securities and Markets Authority
ETO Exchange-traded option
FMI Financial market infrastructure
FSS Financial Stability Standard
HSVAR Historical simulation of value at risk
ICR Internal Credit Rating
IRS Interest rate swap
IOSCO International Organization of Securities Commissions
NTA Net tangible asset
OTC Over-the-counter
PIRC Participant Incident Response Committee
PMO Project Management Office
PSNA Payment Systems and Netting Act 1998
PSR Price scanning range
QCCP Qualifying central counterparty
RITS Reserve Bank Information and Transfer System
RQG Risk Quantification Group
RTGS Real-time gross settlement
SPAN Standard Portfolio Analysis of Risk
SSF Securities settlement facility
STEL Stress-test exposure limit
SWIFT Society for Worldwide Interbank Financial Telecommunication
TAS Trade Acceptance Service
VSR Volatility scanning range