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This note discusses the basic economics of central clearing for derivatives and the need for a proper regulation …, supervision and resolution of central counterparty clearing houses (CCPs). New regulation in the U.S. and in Europe renders the …
Persistent link: https://www.econbiz.de/10011532033
of scale. From a European perspective, it should be noted that the clearing of euro-denominated OTC derivatives mainly …
Persistent link: https://www.econbiz.de/10012917882
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of scale. From a European perspective, it should be noted that the clearing of euro-denominated OTC derivatives mainly …
Persistent link: https://www.econbiz.de/10011855560
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effect on bank behaviour -- pt. 3. European financial regulation and crisis management -- pt. 4. Central clearing of …
Persistent link: https://www.econbiz.de/10011851135
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This paper explores the properties of daily changes in the prices for near-term fed funds futures contracts. The paper finds these contracts to be excellent predictors of the fed funds rate, and shows that the claim of a nonzero term premium in the short-horizon contracts is more sensitive to...
Persistent link: https://www.econbiz.de/10003468359
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