Net benefit

p48-duffie-jpg

Concern about counterparty risk has led regulators to push for credit default swaps (CDSs) to be cleared via central counterparties. Since dealers first met to discuss the idea in early 2007, the road to central clearing for credit derivatives has been tortuous, with many ups and downs. Operational and technological challenges have been formidable, while the process has even ushered in a set of wholesale changes to standard CDS documentation and trading conventions (Risk April 2009, pages 18-221

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: