ASX member paid record $154m to cover dues in Q2
Single-member largest payment obligation beat 2015’s high by 40.8%
One clearing member of ASX Clear received a A$288 million ($154 million) cash call in the second quarter, the largest payment request ever disclosed by the central counterparty (CCP).
It marked an almost 15-fold increase from Q1, when the highest payment call in the previous 12 months – the rolling observation window for this metric – clocked in at A$20 million.
Prior to Q2, the largest cash call ever disclosed by ASX stood at A$205 million and had been sent out in Q3 2015.
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