Seminar 217, Risk Management: Does OTC Derivatives Reform Incentivize Central Clearing?
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Oct 4, 2016, 11:00 AM - 01:00 PM | 639 Evans Hall | Happening As Scheduled
Samim Ghamami (Joint with Paul Glasserman), UC Berkeley (Speaker - Featured)
Abstract: The reform program for the over-the-counter (OTC) derivatives market launched by the G-20 nations
in 2009 seeks to reduce systemic risk from OTC derivatives. The reforms require that standardized OTC
derivatives be cleared through central counterparties (CCPs), and they set higher capital and margin
requirements for non-centrally cleared derivatives.