Clearing and settlement demystified

John McPartland

Chicago Fed Letter, 2005, issue Jan, No 210-

Abstract: This article explains how clearing and settlement systems support a sound financial system. In particular, the article analyzes the role of CCPs (central counterparties) in managing risk in the securities and derivatives markets and some of the relevant public policy issues.

Keywords: Clearinghouses; (Banking) (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.chicagofed.org/digital_assets/publicati ... ljanuary2005_210.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhle:y:2005:i:jan:n:210-

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Chicago Fed Letter from Federal Reserve Bank of Chicago Contact information at EDIRC.
Bibliographic data for series maintained by Lauren Wiese ().