The challenges of central clearing

The challenges of central clearing


Central clearing is a key part of the campaign by regulators and politicians to reduce the systemic risk of the over-the-counter derivatives market. Combined with a push to improve transparency, enhance levels of standardisation and encourage greater use of collateral, regulators hope to bring OTC trades out of the shadows and reduce the risk posed by a major counterparty default.

Led by the Federal Reserve Bank of New York, supervisors have been meeting regularly with the major dealers, buy-sid

To continue reading...

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 indvidual account here: