GOLDILOCKS
"Indonesia Launches CCP for Money Market and FX Transactions"
CCP stands for Central Counterparty, a financial market infrastructure that acts as an intermediary between buyers and sellers in a financial transaction.
CCPs clears and settles financial instruments, such as securities, derivatives, options, and foreign exchange. They also manage counterparty credit risk, which is the risk of default between the two parties to a transaction.
© Goldilocks
https://www.securitiesfinancetimes.com/securitieslendingnews/industryarticle.php?article_id=227349