Risk Spotlight: Central Counterparties - Lessons Learned from LME’s Nickel Market Closure

Peyton Young

No 23-02, The OFR Blog from Office of Financial Research, US Department of the Treasury

Abstract: In 2022, there were no reported defaults by central counterparties (CCPs) members or their clients, and there were also very few serious disruptions. One exception was the closure of the nickel market on the London Metal Exchange (LME). This blog post discusses the heighted risk factors that this incident exposed. A more detailed discussion is included in OFR’s 2022 Annual Report.

Date: 2023-02-13
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.financialresearch.gov/the-ofr-blog/202 ... ckel-market-closure/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ofr:ofrblg:23-02

Access Statistics for this paper

More papers in The OFR Blog from Office of Financial Research, US Department of the Treasury Contact information at EDIRC.
Bibliographic data for series maintained by Corey Garriott ().