The new OTC derivatives landscape: (more) transparency, liquidity, and electronic trading
Author
Abstract
Suggested Citation
DOI: 10.1057/s41261-019-00105-0
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- John Hull, 2014. "The changing landscape for derivatives," Journal of Financial Engineering (JFE), World Scientific Publishing Co. Pte. Ltd., vol. 1(03), pages 1-8.
- Hull, J., 2010. "OTC derivatives and central clearing: can all transactions be cleared?," Financial Stability Review, Banque de France, issue 14, pages 71-78, July.
- Ghamami, Samim & Glasserman, Paul, 2017. "Does OTC derivatives reform incentivize central clearing?," Journal of Financial Intermediation, Elsevier, vol. 32(C), pages 76-87.
- Dalla Fontana, Silvia & Holz auf der Heide, Marco & Pelizzon, Loriana & Scheicher, Martin, 2019.
"The anatomy of the euro area interest rate swap market,"
Working Paper Series
2242, European Central Bank.
- Fontana, Silvia Dalla & Holz auf der Heide, Marco & Pelizzon, Loriana & Scheicher, Martin, 2019. "The anatomy of the euro area interest rate swap market," SAFE Working Paper Series 255, Leibniz Institute for Financial Research SAFE.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Christian Kubitza & Loriana Pelizzon & Mila Getmansky Sherman, 2021.
"Loss Sharing in Central Clearinghouses: Winners and Losers,"
ECONtribute Discussion Papers Series
066, University of Bonn and University of Cologne, Germany.
- Kubitza, Christian & Pelizzon, Loriana & Sherman, Mila Getmansky, 2023. "Loss sharing in central clearinghouses: winners and losers," Working Paper Series 2873, European Central Bank.
- Ghamami, Samim & Glasserman, Paul & Young, Hobart, 2022. "Collateralized networks," LSE Research Online Documents on Economics 107496, London School of Economics and Political Science, LSE Library.
- H Peyton Young & Mark Paddrik, 2017.
"How Safe are Central Counterparties in Derivatives Markets?,"
Economics Series Working Papers
826, University of Oxford, Department of Economics.
- Mark Paddrik & H. Peyton Young, 2017. "How Safe are Central Counterparties in Derivatives Markets?," Working Papers 17-06, Office of Financial Research, US Department of the Treasury.
- Mark Paddrik & Peyton Young, 2018. "How Safe are Central Counterparties in Derivatives Markets?," 2018 Meeting Papers 934, Society for Economic Dynamics.
- Melinda Friesz & Kira Muratov-Szabó & Andrea Prepuk & Kata Váradi, 2021. "Risk Mutualization in Central Clearing: An Answer to the Cross-Guarantee Phenomenon from the Financial Stability Viewpoint," Risks, MDPI, vol. 9(8), pages 1-19, August.
- Fiedor, Paweł & Lapschies, Sarah & Orszaghova, Lucia, 2017.
"Networks of counterparties in the centrally cleared EU-wide interest rate derivatives market,"
ESRB Working Paper Series
54, European Systemic Risk Board.
- Pawe³ Fiedor & Sarah Lapschies & Lucia Országhová, 2017. "Networks of counterparties in the centrally cleared EU-wide interest rate derivatives market," Working and Discussion Papers WP 7/2017, Research Department, National Bank of Slovakia.
- Scheicher, Martin, 2023. "Intermediation in US and EU bond and swap markets: stylised facts, trends and impact of the coronavirus (COVID-19) crisis in March 2020," ESRB Occasional Paper Series 24, European Systemic Risk Board.
- Schröder, Michael & Riedler, Jesper & Jaroszek, Lena & Lang, Gunnar & Hommel, Paul & Voll, Sebastian Simon, 2011. "Assessment of the cumulative impact of various regulatory initiatives on the European banking sector: Study," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 110523, September.
- Bellia, Mario & Panzica, Roberto & Pelizzon, Loriana & Peltonen, Tuomas A., 2017.
"The demand for central clearing: to clear or not to clear, that is the question,"
ESRB Working Paper Series
62, European Systemic Risk Board.
- Bellia, Mario & Girardi, Giulio & Panzica, Roberto Calogero & Pelizzon, Loriana & Peltonen, Tuomo, 2022. "The demand for central clearing: To clear or not to clear, that is the question," SAFE Working Paper Series 193, Leibniz Institute for Financial Research SAFE, revised 2022.
- Xiao, Tim, 2012.
"An Economic Examination of Collateralization in Different Financial Markets,"
MPRA Paper
47371, University Library of Munich, Germany.
- Tim Xiao, 2019. "An Economic Examination of Collateralization in Different Financial Markets," Working Papers hal-02024144, HAL.
- Xiao, Tim, 2018. "An Economic Examination of Collateralization in Different Financial Markets," SocArXiv zw6xq, Center for Open Science.
- Xiao, Tim, 2018. "An Economic Examination of Collateralization in Different Financial Markets," arabixiv.org b7uvg, Center for Open Science.
- Xiao,Tim, 2019. "An Economic Examination of Collateralization in Different Financial Markets," EconStor Preprints 200503, ZBW - Leibniz Information Centre for Economics.
- Xiao, Tim, 2018. "An Economic Examination of Collateralization in Different Financial Markets," FrenXiv j32fu, Center for Open Science.
- Xiao, Tim, 2012. "An Economic Examination of Collateralization in Different Financial Markets," MPRA Paper 47105, University Library of Munich, Germany.
- Óscar Arce & Fco. Javier González Pueyo & Lucio Sanjuán, 2010. "The Credit Default Swaps market: areas of vulnerability and regulatory responses," CNMV Working Papers CNMV Working Papers no. 4, CNMV- Spanish Securities Markets Commission - Research and Statistics Department.
- Samim Ghamami & Paul Glasserman, 2019. "Submodular Risk Allocation," Management Science, INFORMS, vol. 65(10), pages 4656-4675, October.
- Jean Helwege & Gaiyan Zhang, 2016. "Financial Firm Bankruptcy and Contagion," Review of Finance, European Finance Association, vol. 20(4), pages 1321-1362.
- Boudiaf, Ismael Alexander & Scheicher, Martin & Frieden, Immo, 2024. "The market liquidity of interest rate swaps," ESRB Working Paper Series 20240, European Systemic Risk Board.
- Duffie, Darrell & Scheicher, Martin & Vuillemey, Guillaume, 2015.
"Central clearing and collateral demand,"
Journal of Financial Economics, Elsevier, vol. 116(2), pages 237-256.
- Darrell Duffie & Martin Scheicher & Guillaume Vuillemey, 2014. "Central Clearing and Collateral Demand," NBER Working Papers 19890, National Bureau of Economic Research, Inc.
- Scheicher, Martin & Vuillemey, Guillaume & Duffie, Darrell, 2014. "Central clearing and collateral demand," Working Paper Series 1638, European Central Bank.
- Darrell Duffie & Martin Schneicher & Guillaume Vuillemey, 2014. "Central Clearing and Collateral Demand," Economics Working Papers 14104, Hoover Institution, Stanford University.
- Demange, Gabrielle & Piquard, Thibaut, 2023.
"On the choice of central counterparties in the EU,"
Journal of Financial Markets, Elsevier, vol. 64(C).
- Gabrielle Demange & Thibaut Piquard, 2022. "On the Choice of Central Counterparties in the EU," Working papers 868, Banque de France.
- Gabrielle Demange & Thibaut Piquard, 2023. "On the choice of central counterparties in the EU," Post-Print halshs-04156082, HAL.
- Gabrielle Demange & Thibaut Piquard, 2023. "On the choice of central counterparties in the EU," PSE-Ecole d'économie de Paris (Postprint) halshs-04156082, HAL.
- Czech, Robert, 2021.
"Credit default swaps and corporate bond trading,"
Journal of Financial Intermediation, Elsevier, vol. 48(C).
- Czech, Robert, 2019. "Credit default swaps and corporate bond trading," Bank of England working papers 810, Bank of England.
- Vuillemey, G. & Breton, R., 2014. "Endogenous Derivative Networks," Working papers 483, Banque de France.
- Daniel Heller & Nicholas Vause, 2012. "Collateral requirements for mandatory central clearing of over-the-counter derivatives," BIS Working Papers 373, Bank for International Settlements.
- Mark Paddrik & Sriram Rajan & H. Peyton Young, 2020.
"Contagion in Derivatives Markets,"
Management Science, INFORMS, vol. 66(8), pages 3603-3616, August.
- H Peyton Young & Mark Paddrik & Sriram Rajan, 2017. "Contagion in Derivatives Markets," Economics Series Working Papers 839, University of Oxford, Department of Economics.
- H Peyton Young & Mark Paddrik & Sriram Rajan, 2019. "Contagion in Derivatives Markets," Economics Series Working Papers 886, University of Oxford, Department of Economics.
- Torsten Ehlers & Bryan Hardy, 2019. "The evolution of OTC interest rate derivatives markets," BIS Quarterly Review, Bank for International Settlements, December.
More about this item
Keywords
OTC derivatives; Dodd–Frank; EMIR; MiFID 2/MIFIR; Basel 3; CRD IV/CRR; Central clearing; Trade repositories; Electronification; Margin;All these keywords.
JEL classification:
- D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jbkreg:v:21:y:2020:i:2:d:10.1057_s41261-019-00105-0. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.