Following the 2008 financial crisis, regulation mandates the clearing of the CDS market through Central Clearing …

Recent regulation mandating the clearing of credit default swaps (CDS) by a Central Clearing Counterparties (CCP), has …

We examine the effects on a financial network of multilateral clearing via a central clearing counterparty (CCP) from … simulation study based on aggregate market data shows that central counterparty clearing can reduce systemic risk and improve …