demand of new margin and clearing practices and regulations. We decompose collateral demand for both customers and dealers … impact on collateral demand of more widespread initial margin requirements, increased novation of CDS to central clearing …-specialized types, and client clearing. Among other results, we show that system-wide collateral demand is increased significantly by …

demand of new margin and clearing practices and regulations. We decompose collateral demand for both customers and dealers … impact on collateral demand of more widespread initial margin requirements, increased novation of CDS to central clearing …-specialized types, and client clearing. Among other results, we show that system-wide collateral demand is increased significantly by …

demand of new margin and clearing practices and regulations. We decompose collateral demand for both customers and dealers … impact on collateral demand of more widespread initial margin requirements, increased novation of CDS to central clearing …-specialized types, and client clearing. Among other results, we show that system-wide collateral demand is increased significantly by …

-the-counter derivatives, including clearing, trade competition, and minimum collateral requirements. My conclusion is that the arguments that … have been made for such an exemption are not sufficient. I focus mainly on the question of clearing, which figures …

into a normal insolvency process such as bankruptcy, or an administrative failure resolution process. This chapter reviews … some alternative approaches to the design of insolvency and failure resolution regimes for CCPs. I focus on the allocation … of losses and the question of whether and how to provide for continuity of clearing services. I discuss how one might …

demand of new margin and clearing practices and regulations. We decompose collateral demand for both customers and dealers … impact on collateral demand of more widespread initial margin requirements, increased novation of CDS to central clearing …-specialized types, and client clearing. Among other results, we show that system-wide collateral demand is increased significantly by …