#AcronymWednesday!
What are #CCPs? 🧐
A Central Clearing Counterparty (CCP) is an entity that facilitates efficiency, safety and stability of trading in various European derivatives and financial markets. It guards against the default of buyer and/or seller in a trading deal.
🐦🔗: https://nitter.eu/EU_SRB/status/1529387014763814912