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...

Full description

Bibliographic Details
Main Author: Wendt, Froukelien
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/021
Online Access:Full text available on IMF