Topics: - The basics in payment and settlement systems - The central bank and market infrastructures - The Eurosystem and market infrastructures - The development of the market infrastructure for payments and securities handling - Market infrastructure - issues of common interest

Topics that could be addressed during the conference are: - Efficiency and systemic importance of current and evolving CCP structures, including corporate governance/ownership structure - Management of credit, liquidity, operational, legal and other risks by CCPs - Mutualisation of counterparty...

The conference will focus on issues related to risk measurement and systemic risks from a central bank perspective. Special emphasis will be devoted to questions relating to sources and consequences of financial contagion and its relation to other forms of systemic risk, macro stress testing,...

The conference is part of the ECB-CFS research network on "Capital Markets and Financial Integration in Europe" (http://www.eu-financial-system.org) and of the RTN network on "Competition Policy in International Markets" co-ordinated by the CEPR (http://www.cepr.org/research/Networks/cpim/). Its...