--- title: EACH Publishes Research On CCP Resilience During COVID-19 description: CCPs will continue to consider the impact of margins on market liquidity. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/lch-clearnet-pushes-for-global-standard-for-ccp-stress-tests-May-12-2022-09-25-56-71-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Clearing](https://articles.marketsmedia.com/tag/clearing) - Clearing - EACH Publishes Research On CCP Resilience During COVID-19 Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 06.14.2021 By Shanny Basar Clearing # EACH Publishes Research On CCP Resilience During COVID-19 06.14.2021 By Shanny Basar ![EACH Publishes Research On CCP Resilience During COVID-19](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/lch-clearnet-pushes-for-global-standard-for-ccp-stress-tests-May-12-2022-09-25-56-71-AM.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19) EACH published its research paper ‘[CCPs resilience during the COVID-19 market stress](https://www.eachccp.eu/wp-content/uploads/2021/06/EACH-Paper-CCP-resilience-during-the-COVID-19-Market-Stress-June-2021.pdf)’. Based on research performed with EACH Members’ CCPs, the paper analyses the performance of CCPs during one of the largest market shocks in history and highlights the role played by CCPs in continuing to contribute to greater market stability and transparency even in times of crisis. This note examines the measures taken by CCPs as well as the performance of CCPs’ margins and anti-procyclicality measures during this highly volatile market stress period and concludes by looking at lessons that could be learned for the future. https://twitter.com/eachccp/status/1403367811863482368 Some of the paper’s key findings are: - **Resilient CCP performances were ensured by measures taken by CCPs in response to the COVID-19 crisis** that considered employee safety, robust risk management and communication with authorities and market participants. - **CCPs margins responded largely as designed** and remained well above regulatory thresholds. Margin increases (variation and initial) were largely due to high volatility and position change. **CCPs will continue to consider the impact of margins on market liquidity.** - **Existing APC measures helped with the CCPs’ robust response** to the COVID-19 market stress, and CCPs will consider potential improvements that can be considered in review these APC measures. For more information, please see the [full paper](https://www.eachccp.eu/wp-content/uploads/2021/06/EACH-Paper-CCP-resilience-during-the-COVID-19-Market-Stress-June-2021.pdf) or visit our website [www.eachccp.eu](http://www.eachccp.eu/) Source: EACH [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/each-publishes-research-on-ccp-resilience-during-covid-19) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png?width=376&height=250&name=trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png)](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) Regulation ## [EU Achieves Electronic Trading of Standard OTC Derivatives](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) ISDA warns on proposed changes to post-trade deferrals regime. 07.07.2022 By Shanny Basar 2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg?width=376&height=250&name=iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg)](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) Fintech ## [SIX Digital Exchange Collaborates with Fireblocks](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) The partnership will focus on delivering an institutional custody solution for digital assets. 07.07.2022 By Shanny Basar 3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/Depositphotos_103566932_L-2.jpg?width=376&height=250&name=Depositphotos_103566932_L-2.jpg)](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) Regulators ## [IOSCO Publishes Crypto-Asset Roadmap](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) The IOSCO Fintech Task Force will collaborate closely with other international bodies. 07.07.2022 By Shanny Basar [![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com) - [About us](https://www.marketsmedia.com/about-us) - [Careers](https://www.marketsmediagroup.com/careers) - [Contact](https://www.marketsmediagroup.com/contact) - [Advertise](https://www.marketsmediagroup.com/advertise) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Corporate Site](https://marketsmediagroup.com) - © 2026 Markets Media Holdings LLC - - Terms & Conditions - Privacy Policy {{ standard\_footer\_includes }}