Results 261 to 270 of about 40,103 (280)
Some of the next articles are maybe not open access.
, 2017
The securities settlement literature indicates that centralized settlement can reduce monitoring incentives and lead to excessive risk‐taking and inefficient risk‐sharing.
Bernard McSherry +2 more
semanticscholar +1 more source
The securities settlement literature indicates that centralized settlement can reduce monitoring incentives and lead to excessive risk‐taking and inefficient risk‐sharing.
Bernard McSherry +2 more
semanticscholar +1 more source
Static Models of Central Counterparty Risk
SSRN Electronic Journal, 2014Following the 2009 G-20 clearing mandate, international standard setting bodies (SSBs) have outlined a set of principles for central counterparty (CCP) risk management. They have also devised formulaic CCP risk capital requirements on clearing members for their central counterparty exposures.
Samim Ghamami +2 more
openaire +3 more sources
2012
This chapter introduces the modeling of search and random matching in large economies. The objective is to build intuition and techniques for later chapters. After some mathematical prerequisites, it defines the notion of random matching. It then invokes the law of large numbers to calculate the cross-sectional distribution of types of matches. This is
openaire +1 more source
This chapter introduces the modeling of search and random matching in large economies. The objective is to build intuition and techniques for later chapters. After some mathematical prerequisites, it defines the notion of random matching. It then invokes the law of large numbers to calculate the cross-sectional distribution of types of matches. This is
openaire +1 more source
Systemic Risk and Central Clearing Counterparty Design
, 2015We examine the effects on a financial network of multilateral clearing via a central clearing counterparty (CCP) from an ex ante and ex post perspective. The CCP is capitalized with equity and a guarantee fund and it can charge a volume-based fee.
H. Amini, D. Filipović, Andreea Minca
semanticscholar +1 more source
Management of Counterparty Risk
2009Counterparty risk is normally understood as the risk that the other party fails to fulfil its contractual obligations. Managing the firm’s exposure to counterparty risk means managing the principal-agency relationship with the firm as principal and its contract party as agent.
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2016
Since the Lehman default on September 15, 2008 the credit quality of issuers of retail products has received much attention. Arguably, the largest losses to institutions during the crisis were due to credit value adjustment (CVA) rather than to actual default.
openaire +2 more sources
Since the Lehman default on September 15, 2008 the credit quality of issuers of retail products has received much attention. Arguably, the largest losses to institutions during the crisis were due to credit value adjustment (CVA) rather than to actual default.
openaire +2 more sources
Valuing spread options with counterparty risk and jump risk
, 2020Zelei Li, Xingchun Wang
semanticscholar +1 more source
Investor behavior, information disclosure strategy and counterparty credit risk contagion
Chaos, Solitons & Fractals, 2019Lei Wang, Shouwei Li, Tingqiang Chen
semanticscholar +1 more source
Pricing of vulnerable options with early counterparty credit risk
The North American journal of economics and finance, 2019Junkee Jeon, Geonwoo Kim
semanticscholar +1 more source
Liquidity hoarding and interbank market rates: The role of counterparty risk
, 2015Florian Heider +2 more
semanticscholar +1 more source