Search Results - subject:"Central Counterparties"

The fundamental role of the repo market and central clearing

Di Luigi, Cristina; Perrella, Antonio; Ruggieri, Alessio - 2024

Persistent link: https://www.econbiz.de/10014583476

Boudiaf, Ismael Alexander; Scheicher, Martin; Vacirca, … - 2023

In this paper we aim to provide a holistic understanding of the Initial Margin (IM) models used by Central … Counterparties (CCPs) in Europe. In addition to discussing their relevance in terms of CCP risk management and their importance for …

Persistent link: https://www.econbiz.de/10014374537

Central Counterparties

Boudiaf, Ismael Alexander; Scheicher, Martin; Vacirca, … - 2023

Persistent link: https://www.econbiz.de/10014248732

Transparency and collateral: Central versus bilateral clearing

Antinolfi, Gaetano; Carapella, Francesca; Carli, Francesco - In: Theoretical Economics 17 (2022) 1, pp. 185-217

This paper studies the optimal clearing arrangement for bilateral financial contracts in which an assessment of counterparty credit risk is crucial for efficiency. The economy is populated by borrowers and lenders. Borrowers are subject to limited commitment and hold private information about...

Persistent link: https://www.econbiz.de/10013189053