What are the SDC’s procedures to manage risks?
The SDC issued regulations and procedures to protect members from risks to assure the smooth functioning of the market:
- Settlement cap for market participants commensurate with posted collaterals
- Settlement bank.
- Buy-in & sell-out measures.
- Immediate suspension of trading for defaulting brokers.
- SDC/ASE Tight Coupled Environment.
- Operationally complaint with the recommendations of the Group of Thirty (G30) and best applied standards.
- Setting up Recovery Disaster and Business Continuity Sites.
FAQS Taxonomy