reluctance to clear derivative trades in the absence of a central clearing obligation. We develop a comprehensive understanding … moving from a bilateral to a clearing architecture for derivative markets. Previous studies suggest that central clearing is … its counterparties: 1) correlation across and within derivative classes (i.e., systematic risk), 2) collateralization of …

reluctance to clear derivative trades in the absence of a central clearing obligation. We develop a comprehensive understanding … moving from a bilateral to a clearing architecture for derivative markets. Previous studies suggest that central clearing is … its counterparties: 1) correlation across and within derivative classes (i.e., systematic risk), 2) collateralization of …

are consistent with the reluctance to clear derivative trades in the absence of a clearing obligation. …

derivative pricing necessitates an incremental assessment of the capital structure impact of new trades and propose that entry …/FDA methods, with FCA/FBA accounting often displaying sizable and risky pricing biases between derivative payables and receivables …

of new OTC derivative innovations and to evaluate and approve them before they are released to the market. This suggested …

derivative data in growth estimates. Beyond the most recent Wacthel and Rousseau (2010) evidence which documents the interruption … derivative positively or insignificantly with a much smaller effect in magnitude. At the same time the impact of the crisis is …