Reserve System payments analysts about the clearing and settlement functions that MasterCard performs for its client banks …. These functions involve the transfer of information pertaining to card-based transactions (clearing) and the exchange of …

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 …

of scale. From a European perspective, it should be noted that the clearing of euro-denominated OTC derivatives mainly …

of scale. From a European perspective, it should be noted that the clearing of euro-denominated OTC derivatives mainly …