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Does a central clearing counterparty reduce liquidity needs?

Does a central clearing counterparty reduce liquidity needs?

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1964910939

Does a central clearing counterparty reduce liquidity needs?

About this item

Full title

Does a central clearing counterparty reduce liquidity needs?

Author / Creator

Publisher

Berlin/Heidelberg: Springer Berlin Heidelberg

Journal title

Journal of economic interaction and coordination, 2018-04, Vol.13 (1), p.9-50

Language

English

Formats

Publication information

Publisher

Berlin/Heidelberg: Springer Berlin Heidelberg

More information

Scope and Contents

Contents

This study investigates whether and how central clearing influences the overall liquidity needs in a network of financial obligations. Utilizing the approach of flow network theory, we show that the effect of adding a central clearing counterparty (CCP) is decomposed into two effects: central routing, and central netting effects. Each effect can pr...

Alternative Titles

Full title

Does a central clearing counterparty reduce liquidity needs?

Authors, Artists and Contributors

Author / Creator

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_proquest_journals_1964910939

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1964910939

Other Identifiers

ISSN

1860-711X

E-ISSN

1860-7128

DOI

10.1007/s11403-017-0208-1

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