Central Counterparties : Addressing their Too Important to Fail Nature /

Central counterparties (CCPs) can offer significant benefits to a market. However, CCPs are also highly interconnected with financial institutions and markets and therefore too important to fail. The increased volumes cleared through CCPs and their increasing global scope, in particular in the OTC d...

Celý popis

Podrobná bibliografie
Hlavní autor: Wendt, Froukelien
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2015.
Edice:IMF Working Papers; Working Paper ; No. 2015/021
On-line přístup:Full text available on IMF