by your side central counterparty country report – kpei (indonesia clearing and guarantee corp) 11...
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by Your Side
Central Counterparty
Country Report – KPEICountry Report – KPEI(Indonesia Clearing and Guarantee (Indonesia Clearing and Guarantee
Corp)Corp)
11th General Meeting Asia Pacific of CSD Group2-4th September 2007, Beijing, China
The 11th General Meeting of Asia Pacific CSD Group Country Report - KPEI
Progress ReportProgress Report
1. Reengineering in the current settlement process
• Continuous Settlement• Frequency of settlement is increased every 30’
• Trading Limit 30’• Frequency of trading limit update is increased every 30’
• SLB modules• More functions are embedded in the current SLB system
2. Enchancement of current Risk Management System
• Risk Management in the Clearing member level• Membership Stratification
The 11th General Meeting of Asia Pacific CSD Group Country Report - KPEI
Progress ReportProgress Report
3. SLB Statistics2007 (July)2006Year
90
USD 244,9 million
803,435,000
373
1,872,085,000 Volume
92Member
USD 356,3 millionValue
436Freq
2005
79
USD18,6 million
131,485,500
203
2004
76
USD 9 million
28,292,000
49
The 11th General Meeting of Asia Pacific CSD Group Country Report - KPEI
Progress ReportProgress Report
2007 2008
Impact to Market
TimeQ4 Q1 Q2 Q3 Q4 Q1 Q2
SLB Modules
Trading Limit 30
Pre Netting mechanism
Continuous Settlement
Risk Mgt. Member Level
MembershipStratification
Derivatives :- Option (Physical)- Futures (Multispec)
Straight ThroughProcessing (STP)
Risk Mgt. (Multi Product/Market)
Ready to LIVE Concept DevelopmentWaiting for Approval
On Going (Depend on SX)System Development
BALL SIZE INDICATES THE SCALE OF CHANGES OF KPEI’S SYSTEM