Systemic risks in CCP networks

Barker, Dickinson, Lipton and Virmani propose a credit and liquidity risk model for CCPs



Russell Barker, Andrew Dickinson, Alex Lipton and Rajeev Virmani propose a model for the credit and liquidity risks faced by clearing members of central counterparty clearing houses (CCPs). By considering the entire network of CCPs and clearing members, they investigate the distribution of losses to default fund contributions and contingent liquidity requirements for each clearing member

Since the financial crisis of 2007–10, the number of trades and the range of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here