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Central Counterparty Clearing: History, Innovation, and Regulation


Randall S. Kroszner


Booth School of Business, University of Chicago; National Bureau of Economic Research (NBER)


Economic Perspectives, Vol. 30, No. 4, Fourth Quarter 2006

Abstract:     
This article is a reprint of a speech by Randall S. Kroszner, governor, Board of Governors of the Federal Reserve System, on April 3, 2006, at "Issues Related to Central Counterparty Clearing," a joint conference of the Federal Reserve Bank of Chicago and the European Central Bank, held in Frankfurt, Germany, April 3-4, 2006.

Number of Pages in PDF File: 5

Keywords: central counterparty, CCP, clearing and settlement, risk management, Government Policy and Regulation, Regulated Industries and Administrative Law, Transactional Relationships, Contracts and Reputation, Networks

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Date posted: December 5, 2006  

Suggested Citation

Kroszner, Randall S., Central Counterparty Clearing: History, Innovation, and Regulation. Economic Perspectives, Vol. 30, No. 4, Fourth Quarter 2006. Available at SSRN: http://ssrn.com/abstract=948773

Contact Information

Randall S. Kroszner (Contact Author)
Booth School of Business, University of Chicago ( email )
5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
773-702-8779 (Phone)
773-702-0458 (Fax)
HOME PAGE: http://gsbwww.uchicago.edu/fac/randall.kroszner/re
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
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