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Is the Default Waterfall Public Information?

Yes, the general structure and components of a CCP's default waterfall are typically public information, as transparency is a regulatory requirement. However, the exact financial figures of individual member contributions or the real-time size of the fund may not be disclosed for commercial and security reasons.

Transparency allows market participants to assess the CCP's resilience.

What Constitutes “General Solicitation” in the Context of Securities Offerings?
What Are the Primary Mechanisms a CCP Uses to Manage a Member’s Default?
Differentiate between Specific and General Wrong-Way Risk
What Measures Are in Place to Prevent Systemic Failure after a Large Default?