counterparty clearing house (CCP). Though private CCPs provide an adequate amount of clearing's private good, they do not provide … government regulations, will not drive out the “good” with the “bad” OTC derivative instruments …

incentives to voluntarily centrally clear Over-The-Counter (OTC) derivative contracts. We use confidential European trade … repository data on singlename sovereign Credit Derivative Swap (CDS) transactions and show that both the seller and the buyer … clearing incentives seem particularly responsive to seller's credit risk, in line with the notion that counterparty credit risk …

appropriate incentives for different types of market participants to centrally clear Over-The-Counter (OTC) derivative contracts … of the reference entity; 2) the credit risk of the counterparty; 3) the clearing member's portfolio net exposure with the … Central Counterparty Clearing House (CCP) and 4) post trade transparency. We use confidential European trade repository data …

appropriate incentives for different types of market participants to centrally clear Over-The-Counter (OTC) derivative contracts … of the reference entity; 2) the credit risk of the counterparty; 3) the clearing member's portfolio net exposure with the … Central Counterparty Clearing House (CCP) and 4) post trade transparency. We use confidential European trade repository data …

incentives to voluntarily centrally clear the over-the-counter (OTC) derivative contracts. We use confidential European trade … clearing incentives seem particularly responsive to seller credit risk, which is in line with the notion that counterparty … to clear as it affects both CCR capital charges for OTC contracts and central counterparty clearing house (CCP) margins …

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 …

Recent regulation, mandating the clearing of credit default swaps (CDS) by a Central Clearing Counterparties (CCP), has …