Using a novel regulatory dataset of fully identified derivatives transactions, this paper provides the first …

derivatives markets, and its interaction with systematic risk, portfolio directionality, and loss sharing. Previous studies …

Central clearing counterparties (CCPs) were created to reduce default losses for market participants in derivatives …

derivatives markets, and highlight that recent central clearing reforms might not incentivize market participants to clear … derivatives. …

This note discusses the basic economics of central clearing for derivatives and the need for a proper regulation … involvement of a central counterparty mandatory for standardized OTC derivatives' trading and sets higher capital and collateral … requirements for non-centrally cleared derivatives. From a macrofinance perspective, CCPs provide a trade-off between reduced …

Using a novel regulatory dataset of fully identified derivatives transactions, this paper provides the first …

derivatives markets, and its interaction with systematic risk, portfolio directionality, and loss sharing. Previous studies …

This note discusses the basic economics of central clearing for derivatives and the need for a proper regulation … involvement of a central counterparty mandatory for standardized OTC derivatives' trading and sets higher capital and collateral … requirements for non-centrally cleared derivatives. From a macrofinance perspective, CCPs provide a trade-off between reduced …

derivatives markets, and highlight that recent central clearing reforms might not incentivize market participants to clear … derivatives. …

derivatives markets, and highlight that recent central clearing reforms might not incentivize market participants to clear … derivatives. …