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RBA Glossary definition for CCP

CCP – Central counterparty

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Box C: Australian Financial Markets and the UK Referendum

10 Aug 2016 SMP – August 2016
For example, the central clearing counterparties (CCPs) that are responsible for the clearing of exchange-traded products (such as bond and equity futures) and OTC derivative instruments in Australia had established ... In the event, the heightened
https://www.rba.gov.au/publications/smp/2016/aug/box-c-australian-financial-markets-and-the-uk-referendum.html