Collateral, Netting and Systemic Risk in the OTC Derivatives Market /

To mitigate systemic risk, some regulators have advocated the greater use of centralized counterparties (CCPs) to clear Over-The-Counter (OTC) derivatives trades. Regulators should be cognizant that large banks active in the OTC derivatives market do not hold collateral against all the positions in...

Повний опис

Бібліографічні деталі
Автор: Singh, Manmohan
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2010.
Серія:IMF Working Papers; Working Paper ; No. 2010/099
Онлайн доступ:Full text available on IMF