CCP stress tests need improvement, argues new research

Existing data could inform a greater number of stress scenarios and create a system-wide test


The effectiveness of clearing house stress tests conducted by US and European regulators could be dramatically improved by applying better analytical techniques to existing data, says a recently published paper proposing the creation of a system-wide stress test.

While central counterparties (CCPs) are generally required to hold enough financial resources to withstand the default of their largest two clearing members, there remain widely held fears over the impact of rare events that could

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


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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