Experts examine US power clearing and netting needs
A roundtable held yesterday (Tuesday June 22) by the US Commodity Futures Trading Commission (CFTC) and the Committee of Chief Risk Officers (CCRO) discussed the benefits of clearing and netting trading positions across North American Independent System Operator (ISO) or Regional Transmission Organisation (RTO) regions. This was put forward by the CCRO as a way to boost capital efficiency and reduce systemic risk and counterparty exposure across the US power market.
CFTC Commissioner Scott O
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