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 …

agenda items – such as the promotion of central clearing – that are costly, but do not directly benefit banks. We further …

diesem bisher weitgehend unregulierten Marktsegment durch den vermehrten Einsatz zentraler Gegenparteien (Central Clearing … außerbörslichen Derivatemarktes verantwortlich sind. -- Zentrale Gegenpartei ; Finanzkrise ; Clearing ; außerbörsliche Derivate … of central clearing counterparties (CCPs). Recently, therefore, the market for Credit Default Swaps is cleared centrally …

In an attempt to understand the impact of derivative market reforms, this paper focuses on the spreads of centrally … risk, my results indicate that CDS spreads widen with the initiation of central clearing. I document that even though … dealer risk is priced in CDS spreads and an increase in dealer risk narrows spreads, the initiation of central clearing does …

The G20's push towards central clearing changed the shape of the world's financial system: all standardized derivative … contracts must now be cleared through central counterparties (CCPs). Despite considerable debate, the impact of central clearing … nonetheless remains ambiguous and hard to measure as clearing regulations have been implemented alongside many other changes. In …