Smart Derivative Contracts (Presentation Slides of the 14th Quant Finance Conference)
43 Pages Posted: 19 Nov 2018
Date Written: September 27, 2018
This presentation motivates the concept of smart derivative contracts. Inspired by smart contracts from distributed ledger technology, we define a derivative contract with an automatic termination feature.
Keywords: Collateralization, CCP, Initial Margin, Smart Contract, Settlement Risk, Gap Risk
JEL Classification: G13, C40
Suggested Citation: Suggested Citation