QCCP is the premium version of clearing
QCCP is the premium version of clearing.
When we deceided what to trust, what systemic safety looks like, embedded in law, regulation, and accounting standards.
That it needed to be continuous position surveillance, multilateral netting, novation, rehearsed default procedures. Operational architecture, not technology claims.
We gave that approach to Clearing a title QCCP.
The most visible instrument that still sits outside that framework is crypto derivatives.
This first appeared on LinkedIn on 4 May 2026. If you want to comment or discuss, that’s the place.