Categories
Discover our Courses
Featured Pathways
More pathways
Banking Essentials - Part I
This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.
Greenwashing
Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.
More pathways
Ready to get started?
Plans & Membership
Find the right plan for you
Our Platform
Expert led content
+1,000 expert presented, on-demand video modules
Learning analytics
Keep track of learning progress with our comprehensive data
Interactive learning
Engage with our video hotspots and knowledge check-ins
Testing & certification
Gain CPD / CPE credits and professional certification
Managed learning
Build, scale and manage your organisation’s learning
Integrations
Connect Finance Unlocked to your current platform
Featured Content
More featured content
Tackling the Cost of Living Crisis
In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.
CSR and Sustainability in Financial Services
In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.
More featured content
Ready to get started?
Our Solutions
About Us
Testimonials
More testimonials
Mark Homans
Our sky high NPS following learner feedback speaks for itself - this platform has delivered a lot of value.
Fiona Quinn
Learning is accessible and the tool assists in the continued development of all our employees. It is a fantastic tool for our business!
More testimonials
Ready to get started?
Categories
Discover our Courses
Featured Pathways
More pathways
Banking Essentials - Part I
This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.
Greenwashing
Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.
More pathways
Ready to get started?
Plans & Membership
Find the right plan for you
Our Platform
Expert led content
+1,000 expert presented, on-demand video modules
Learning analytics
Keep track of learning progress with our comprehensive data
Interactive learning
Engage with our video hotspots and knowledge check-ins
Testing & certification
Gain CPD / CPE credits and professional certification
Managed learning
Build, scale and manage your organisation’s learning
Integrations
Connect Finance Unlocked to your current platform
Featured Content
More featured content
Tackling the Cost of Living Crisis
In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.
CSR and Sustainability in Financial Services
In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.
More featured content
Ready to get started?
Our Solutions
About Us
Testimonials
More testimonials
Mark Homans
Our sky high NPS following learner feedback speaks for itself - this platform has delivered a lot of value.
Fiona Quinn
Learning is accessible and the tool assists in the continued development of all our employees. It is a fantastic tool for our business!
More testimonials
Ready to get started?
Clearing Houses
Abdulla Javeri
30 years: Financial markets trader
In the third video of his series, Abdulla explains why a clearing House is crucial to the smooth functioning of business on the exchange. He discusses the role of Clearing Houses as guarantors of contract performance, acting as central counterparty in every transaction administering all post-trade activity; including delivery and settlement.
In the third video of his series, Abdulla explains why a clearing House is crucial to the smooth functioning of business on the exchange. He discusses the role of Clearing Houses as guarantors of contract performance, acting as central counterparty in every transaction administering all post-trade activity; including delivery and settlement.
Join now to start learning today
Finance Unlocked is the video learning platform built for finance professionals.
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
Clearing Houses
5 mins 14 secs
Clearing Houses provide a crucial role in the functioning of derivatives (and stock) exchanges.
Key learning objectives:
Outline the purpose and role of Clearing Houses
Learn the tools that Clearing Houses deploy in order to ensure contractual obligations will be fulfilled
Understand the basic operation of the margining system
Understand what happens in the event of an Exchange Member defaulting on its obligations
Join now to watch
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
What is the purpose and role of Clearing Houses?
- Through the process of Novation they become the Central Counterparty in every transaction conducted on the exchange.
- The Clearing House acts as guarantor of contract performance thereby substantially reducing counterparty credit risk.
- Administers all post trade activity up to and including delivery and settlement, including the operation of margin cash flows and issuing delivery and exercise notices when contracts expire or when options are exercised.
What does the Clearing House do in the event of default?
In the event of a default, the Clearing House will immediately close up all the positions of the defaulting member by undertaking offsetting trades in the market. This will crystallise the net losses incurred by the defaulting member. The Clearing House will then use the defaulting member’s margin funds or posted collateral to offset those losses.
Join now to watch
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
Abdulla Javeri
05:39
05:38
03:58
04:56
04:34
04:40
05:42
04:41
04:16
07:58
Related videos
Introduction to FX Options
In an option transaction, one party will have the right to execute a spot transaction some time in the future at an agreed rate. Kees provides an introduction to this specific contract by explaining what options are, before expanding into elements such as assessing the payoff and fair value.
Kees van den Aarssen • 21:12
