Skin in the game doesn’t protect end client, CME says

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

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Skin in the game doesn’t protect end client, CME says

The investment that a central counterparty must make in a guarantee fund, also known as skin in the game, does not protect the end client, as larger CCP contributions to default funds increase concentration risk and encourage moral hazard, according to CME Group.

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