On the clearing of foreign exchange derivatives

Darrell Duffie

This note discusses the case for exempting foreign exchange derivatives from recent regulatory requirements for over-the-counter derivatives, including clearing, trade competition, and minimum collateral requirements. My conclusion is that the arguments that have been made for such an exemption are not sufficient. I focus mainly on the question of clearing, which figures prominently in arguments favoring exemption

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Year of publication:	2011
Authors:	Duffie, Darrell
Publisher:	Stanford, Calif. : Univ., Rock Center for Corporate Governance
Subject:	Währungsderivat \| Currency derivative \| Derivat \| Derivative \| Optionspreistheorie \| Option pricing theory \| Clearing \| Financial clearing

Extent:	Online-Ressource (10 S.) graph. Darst.
Series:	Rock Center for Corporate Governance at Stanford University working paper series. - Stanford, Calif., ZDB-ID 2551085-X. - Vol. 102 Rock Center for Corporate Governance at Stanford University Working Paper Series ; No. 102
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	10.2139/ssrn.1869065 [DOI]
Classification:	G10 - General Financial Markets. General ; G14 - Information and Market Efficiency; Event Studies ; G18 - Government Policy and Regulation ; G28 - Government Policy and Regulation ; G38 - Government Policy and Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010259911