That is essentially it. They're protected in the same way that cash clearing houses are now. It protects the clearing house, but it also protects the participants in the clearing system, which would be our major banks.
November 1st, 2012 / 4:55 p.m.
Director, Financial Markets Division, Department of Finance
That is essentially it. They're protected in the same way that cash clearing houses are now. It protects the clearing house, but it also protects the participants in the clearing system, which would be our major banks.
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