By Beth Shah
January 21, 2015, GlobalCapital
The Options Clearing Corporation (OCC) has established a pre-funded $1bn committed repurchase facility with a leading pension fund in order to increase the central counterparty's overall liquidity resources from $2bn to $3bn.
"We perform an ongoing analysis of our liquidity needs as a result of the tremendous growth in our markets. Based on certain trends we observed, we decided to raise our resources in order to facilitate this growth, thus ensuring we had sufficient capacity to meet the demands on...
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