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Press Release Archive

NYPC names Sandy Broderick as Chief Executive Officer

Joins at a time of growth and great opportunity for NYPC, Experienced industry professional with over 20 yrs in Global Derivative Trading
April 2, 2012

London and New York, April 2, 2012 - New York Portfolio Clearing (NYPC) today announced the appointment of Alexander “Sandy” Broderick as Chief Executive Officer.  His appointment comes at an important time for the company as volumes grow and it expands its portfolio of products through its “one-pot” model.

LCH.Clearnet, NYPC, DTCC and NYSE Euronext COLLABORATE TO PROVIDE UNPRECEDENTED CLEARING AND MARGINING EFFICIENCIES FOR MARKET PARTICIPANTS

The initiative aims to enhance NYPC’s proven “one-pot” capabilities to offer
March 14, 2012

        

NYPC Launches NYPC PRIME™ to Estimate Capital Efficiencies of “One-Pot” Margining

NYPC, the innovative clearing platform for fixed income derivatives, announced today the launch of its Portfolio Risk Interactive Margin Estimator (NYPC PRIME™).
March 12, 2012

New York Portfolio Clearing, LLC (NYPC), the innovative clearing platform for fixed income derivatives, announced today the launch of its Portfolio Risk Interactive Margin Estimator (NYPC PRIME™), a Value-at-Risk (VaR) calculator that estimates the “one-pot” margin savings clearing members can achieve for proprietary interest rate futures cleared at NYPC and certain cash posit

NYPC MEDIA STATEMENT ON WALTER LUKKEN

NYPC confirms that Walter Lukken will be leaving the company as Chief Executive Officer in late February to join the Futures Industry Association (FIA) as its new President.
January 10, 2012

New York Portfolio Clearing (NYPC) confirms that Walter Lukken will be leaving the company as Chief Executive Officer in late February to join the Futures Industry Association (FIA) as its new President.  NYPC thanks Walter for his contributions to the success of NYPC and wishes him the best in his new role. 

NYPC Awarded “Best Innovation by a Clearinghouse, North America” by Futures and Options World, 2011

New York Portfolio Clearing, LLC (NYPC), the innovative new clearing platform for interest rate futures, today announced that it has been awarded “Best Innovation by a Clearing House, North America,” by Futures and Options World (FOW), 2011.
November 17, 2011

New York Portfolio Clearing, LLC (NYPC), the innovative new clearing platform for interest rate futures, today announced that it has been awarded “Best Innovation by a Clearing House, North America,” by Futures and Options World (FOW), 2011.

New York Portfolio Clearing (NYPC) Statement on Transfer of MF Global Customer Accounts

Today NYPC successfully completed the transfer of all of its MF Global customer accounts
November 4, 2011

Today, New York Portfolio Clearing (NYPC) successfully completed the transfer of all of its MF Global customer accounts and specified amounts of associated NYPC-held collateral to other qualified NYPC clearing firms according to the authorization and instructions of the SIPA Trustee.  All remaining MF Global proprietary and customer collateral held by NYPC will be distributed according to

NYPC Sees Large Notional Increase for Second Physical Delivery

Seamlessly delivers $1.952 billion in US Treasury Futures
October 6, 2011

New York Portfolio Clearing, LLC (NYPC), the innovative new clearing platform for interest rate futures, announced today that it has successfully executed its second physical delivery of US Treasury futures.

NYPC Announces Three New Clearing Members - Surpasses 800,000 in Total Open Interest

NYPC, The innovative new clearing platform for interest rate futures, announced today that its board has approved three additional clearing members...
August 16, 2011

New York Portfolio Clearing, LLC (NYPC), the innovative new clearing platform for interest rate futures, announced today that its board has approved three additional clearing members. The new members are: ABN Amro Clearing Chicago, LLC; Citigroup Global Markets Inc.; & Merrill, Lynch, Pierce, Fenner & Smith, Inc.

NYPC Successfully Completes Its First Ever Physical Delivery

Seamless delivery of $1.275 billion in US Treasury Futures. NYPC, announced today that it has sucessfully executed it first physical delivery of US Treasury futures...
July 7, 2011

New York Portfolio Clearing, LLC (NYPC), the innovative new clearing platform for interest rate futures, announced today that it has successfully executed its first physical delivery of US Treasury futures.

Canadian, U.S. Clearing Firms Agree to Explore Swap Clearing Link

Canadian Derivatives Clearing Corp and NYPC announced today the signing of a Memorandum of Understanding to explore the development of a clearing link...
April 5, 2011

Canadian Derivatives Clearing Corporation (CDCC) and New York Portfolio Clearing (NYPC) today announced the signing of a Memorandum of Understanding (MOU) to explore the development of a clearing link for the Canadian swap market to assist in meeting Canada’s G20 commitment of clearing over-the-counter (OTC) derivatives by December 31st, 2012.