Brühl, Volker - In: Credit and Capital Markets – Kredit und Kapital 51 (2018) 3, pp. 345-365
With a notional amount outstanding of more than USD 500 trillion, the market for OTC derivatives is of vital importance for global financial stability. A growing proportion of these contracts are cleared via central counterparties (CCPs), which means that CCPs are gaining in importance as...
