looking at counterparty relations within both direct (house) clearing and client clearing. Since the majority of the gross … notional is transferred within central counterparties and their clearing members, client clearing is often neglected in the … literature, despite its significance in terms of net exposures. We find that the client clearing structure is very strongly …

looking at counterparty relations within both direct (house) clearing and client clearing. Since the majority of the gross … notional is transferred within central counterparties and their clearing members, client clearing is often neglected in the … literature, despite its significance in terms of net exposures. We find that the client clearing structure is very strongly …

. Since the Great Financial Crisis, increases in central clearing rates have helped shape growth in amounts outstanding …. Derivatives subject to regulatory clearing mandates were approaching full clearing, while clearing rates were low for certain …

interconnectedness of CCPs within the broader financial system.CCPs play a key role in financial markets, as they reduce counterparty … indicators the ESRB has developed to analyse developments in central clearing in the EU.The indicators are designed to provide a …

of financial market participants. The central clearing sector is no exception to this. Moreover, with its crucial … position as bulwark against systemic instability, the central clearing sector sits at the heart of modern financial markets and …