Does a central clearing counterparty reduce liquidity needs?

Author:

Hayakawa HitoshiORCID

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics,Business and International Management

Reference16 articles.

1. Abruzzo N, Park YH (2016) An empirical analysis of futures margin changes: determinants and policy implications. J Financ Serv Res 49(1):65–100

2. Ahuja RK, Magnanti TL, Orlin JB (1993) Network flows. Prentice Hall, Englewood Cliffs

3. Bliss RR, Kaufman GG (2006) Derivatives and systemic risk: netting, collateral, and closeout. J Financ Stab 2(1):55–70

4. Bliss RR, Steigerwald RS (2006) Derivatives clearing and settlement: a comparison of central counterparties and alternative structures. Econ Perspect 30(4):22–29

5. Brunnermeier MK, Pedersen LH (2009) Market liquidity and funding liquidity. Rev Financ Stud 22(6):2201–2238

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