central counterparty
(CCP)
An entity that is the buyer to every seller and the seller to every buyer of a specified set of contracts/obligation (e.g. those executed on a particular exchange).

Euroclear glossary. 2008.

Look at other dictionaries:

  • central counterparty — (CCP) International Also known as clearing house. An entity that functions as a centralised repository for trades, typically in derivatives, which provides a guarantee that the trade will be fulfilled so that the parties engaging in derivatives… …   Law dictionary

  • Central Counterparty — Als Central Counterparty (CCP; auch Zentraler Kontrahent oder Zentrale Gegenpartei) bezeichnet man ein Rechtssubjekt, das an Börsen und manchen OTC Derivaten Handelsplätzen als Vertragspartei zwischen Verkäufer und Käufer tritt. Die CCP ist dann… …   Deutsch Wikipedia

  • Central counterparty — Als Central Counterparty (CCP; auch Zentraler Kontrahent oder Zentrale Gegenpartei) bezeichnet man ein Rechtssubjekt, das an Börsen als Vertragspartei zwischen Verkäufer und Käufer tritt. Die CCP ist dann Käufer für jeden Verkäufer, und Verkäufer …   Deutsch Wikipedia

  • central counterparty — ( CCP) Euroclear Clearing and Settlement glossary An entity that is the buyer to every seller and the seller to every buyer of a specified set of contracts/obligation ( e.g. those executed on a particular exchange). Euroclear Clearing and… …   Financial and business terms

  • central counterparty — pagrindinė sutarties šalis statusas Aprobuotas sritis kredito ir finansų įstaigos apibrėžtis Juridinis asmuo, kuris yra įstaigų tarpininkas mokėjimo arba vertybinių popierių atsiskaitymo sistemoje ir veikia kaip jų sandorių šalis ir kuris… …   Lithuanian dictionary (lietuvių žodynas)

  • Central Counterparty Clearing — (CCC) is a process by which financial transactions in equities are cleared by a single (i.e., central ) counterparty. Please see Clearing (finance) for general information about clearing. This article contains specifics about the process as it… …   Wikipedia

  • Central Counterparty Clearing House - CCP — An organization that exists in various European countries that helps facilitate trading done in European derivatives and equities markets. These clearing houses are often operated by the major banks in the country. The house s prime… …   Investment dictionary

  • counterparty — A term used to identify the other party in a two party transaction. For example, the counterparty of a buyer is the seller to that buyer. The term counterparty is frequently used to identify the other party in repurchase agreement transactions… …   Financial and business terms

  • Counterparty — Party on the other side of a trade or transaction. The New York Times Financial Glossary * * * counterparty coun‧ter‧par‧ty [ˈkaʊntəpɑːti ǁ tərpɑːrti] noun counterparties PLURALFORM [countable] FINANCE the person or company who you are buying… …   Financial and business terms

  • central clearing counterparty — (CCP) USA See clearinghouse, CCP. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

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