counterparties, receives scrutiny in this report. The author examines the role centralized clearing parties could play in improving … system resilience. These centralized clearing parties are institutions that interpose themselves between counterparties in …

over-the-counter (OTC) derivatives markets, which will result insignificant changes in the trading, clearing and reporting … of transactions. This article explains which criteria are important when determining the eligibility for central clearing … of OTC derivatives products. Suitability for mandatory central clearing is likely to depend on product and process …

concentrating clearing of OTC derivatives in a single CCP could economize on collateral requirements without undermining the … robustness of central clearing …

clearing and settlement of standardized OTC derivatives. This paper explores the regulatory, operational, and economic aspects … of the clearing and settlement of OTC derivatives and the likely consequences of the Treasury Plan. I contend that the … proposal to mandate central counterparty OTC clearing for standardized products will not likely avert another potential crisis …