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Clearstream and the Dubai Commodities Clearing Corporation (DCCC), the central counterparty (CCP) of the Dubai Gold Commodities Exchange (DGCX), have agreed to cooperate on collateral management for CCP margining. The Middle Eastern CCP will join Clearstream’s extensive central counterparty network by connecting to the company’s integrated collateral management environment, the Global Liquidity Hub.
By the end of the first quarter of 2014, DGCX customers will be able to leverage the collateral pools of Clearstream and its global strategic partners to meet margin requirements at DCCC through the Global Liquidity Hub. Thanks to its open architecture, the Global Liquidity Hub enables market participants to manage their growing number of worldwide exposures on a...
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