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First Middle East central counterparty joins Euroclear's Collateral Highway
The Dubai Commodities Clearing Corporation has become the first central counterparty in the Middle East to join Euroclear's global Collateral Highway. The DCCC guarantees settlement for all trades executed on the Dubai Gold & Commodities Exchange (DGCX), which is supported by a system of initial and variation margins. Scheduled for…
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Source: Dubai Commodities Clearing Corporation