Clarke, Ashwin; Ryan, Paul - In: RBA Bulletin (2014) March, pp. 77-88
-financial corporations, there remain material challenges in adopting central clearing. Such firms usually access CCPs indirectly through … arrangements with larger dealer firms – so-called ‘client clearing’ arrangements. While non-dealers have long used such … arrangements for their exchange-traded activity, increased CCP clearing of OTC derivative products has prompted market participants …