as a central counterparty (hereinafter referred to as “ccp”) of china’s financial market, shanghai clearing house (hereinafter referred to as “shch”) regards the establishment of a complete and efficient risk management framework as the core to ensure smooth ccp clearing services and effective precautions against systemic risk in the financial markets.
shch strictly follows the principles for financial market infrastructures (pfmi) to establish a comprehensive risk management framework. we are committed to maintaining the robustness and resilience of our ccp clearing services, providing high level protection and stability to the markets. the risk management framework consists of a set of rigorous criteria for clearing membership, real-time risk monitoring, daily exchange of margin, stress tests and default fund, risk reserve, etc. finally, a well-designed default management process is in place.

as a central counterparty (hereinafter referred to as “ccp”) of china’s financial market, shanghai clearing house (hereinafter referred to as “shch”) regards the establishment of a complete and efficient risk management framework as the core to ensure smooth ccp clearing services and effective precautions against systemic risk in the financial markets.
shch strictly follows the principles for financial market infrastructures (pfmi) to establish a comprehensive risk management framework. we are committed to maintaining the robustness and resilience of our ccp clearing services, providing high level protection and stability to the markets. the risk management framework consists of a set of rigorous criteria for clearing membership, real-time risk monitoring, daily exchange of margin, stress tests and default fund, risk reserve, etc. finally, a well-designed default management process is in place.

