Clearing Membership Requirements 

Clearing Members must fulfill various capital, legal and operational requirements. In addition, OTC Clear may conduct on-site inspections on prospective Clearing Members and require them to participate in system tests and drills as part of the membership assessment. OTC Clear’s membership requirements aim to ensure Clearing Members have adequate financial strength, proper infrastructure capabilities and robust internal risk management practices in respect of clearing OTC derivatives.

(Details of the Clearing Membership Requirements can be found here.)