Chapter 30 - Central Clearing

 30.a Clear and settlement

30.a Auctions & Defaults

30.b Describe the role of CCPs and distinguish between bilateral and centralized clearing

30.c: Describe advantages and disadvantages of central clearing of OTC derivatives.

30.d: Explain regulatory initiatives for the OTC derivatives market and their impact on central clearing.

30.e: Compare margin requirements in centrally cleared and bilateral markets and explain how margin can mitigate risk

30.f: Compare and contrast bilateral markets to the use of novation and netting

30.g: Assess the impact of central clearing on the broader financial markets

30.h Identify and explain the types of risks faced by CCPs

30.i: Identify and distinguish between the risks to clearing members as well as non-members

30. Key Concepts