The European Association of CCP Clearing Houses published a profile interview with Kalina Jarova Müller, General Manager of CCP Austria, setting out her view that the importance of central clearing will continue to grow over the next decade and extend beyond traditional financial markets, particularly into the energy sector. She linked this outlook to the lessons of the recent energy crisis, which she argues underscored the role of energy exchanges and central clearing in supporting transparency and market stability, and pointed to the strong performance of CCP risk models during recent periods of market stress as evidence of the robustness of the clearing framework. The interview also highlights her expectation of a balanced regulatory environment that supports innovation while maintaining stability, alongside further European integration and harmonisation of energy markets, and includes career development reflections on building public-speaking skills, managing perfectionism as responsibilities increase, taking opportunities when they arise, and building professional networks.
European Association of CCP Clearing Houses 2025-10-24
European Association of CCP Clearing Houses profiles CCP Austria’s Kalina Jarova Müller on clearing’s growth into energy markets
The European Association of CCP Clearing Houses published an interview with Kalina Jarova Müller, General Manager of CCP Austria, emphasizing central clearing's growing importance, especially in the energy sector. Müller highlighted its role in enhancing transparency and stability during the recent energy crisis and advocated for a balanced regulatory environment fostering innovation and stability. She also discussed the need for further European integration and harmonisation of energy markets.