Search Results - subject:"clearinghouses"

At the End of the Waterfall – Resolvability of Central Counterparties

Gárdos, Péter - In: Credit and Capital Markets – Kredit und Kapital 54 (2021) 4, pp. 505-531

After the prudential requirements introduced by EMIR in 2012, the European Union took a further step when it adopted a regulation in 2021 on the framework for the recovery and resolution of central counterparties. The regulation is based on the bank recovery and resolution directive of 2014....

Persistent link: https://www.econbiz.de/10014523282

Risk-sharing and the creation of systemic risk

Acharya, Viral V.; Iyer, Aaditya M.; Sundaram, Rangarajan K. - In: Journal of Risk and Financial Management 13 (2020) 8, pp. 1-18

We address the paradox that financial innovations aimed at risk-sharing appear to have made the world riskier. Financial innovations facilitate hedging idiosyncratic risks among agents; however, aggregate risks can be hedged only with liquid assets. When risk-sharing is primitive, agents...

Persistent link: https://www.econbiz.de/10012611389

Risk-sharing and the creation of systemic risk

Acharya, Viral V.; Iyer, Aaditya M.; Sundaram, Rangarajan K. - In: Journal of risk and financial management : JRFM 13 (2020) 8/183, pp. 1-18

Persistent link: https://www.econbiz.de/10012321952

The collateral rule : evidence from the credit default swap market

Capponi, Agostino; Cheng, Wan-Schwin Allen; Giglio, Stefano - In: Journal of monetary economics 126 (2022), pp. 58-86

Persistent link: https://www.econbiz.de/10013364919

Initial exchange offerings : the next evolution in cryptocurrencies

Anson, Mark - In: The journal of alternative investments : JAI 23 (2021) 4, pp. 110-121

Persistent link: https://www.econbiz.de/10012503290

Is private equity different from public equity?

Sharma, Manu; Sharma, Sandhir - In: The journal of wealth management : JWM 23 (2021) 4, pp. 58-65

Persistent link: https://www.econbiz.de/10012423100

Does integration in the Asian frontier, emerging, and developed stock markets conceal a hidden opportunity for portfolio diversification?

Raju, Guntur Anjana; Pavto, Velip Suraj - In: The journal of wealth management : JWM 23 (2021) 4, pp. 76-91

Persistent link: https://www.econbiz.de/10012423110

Does sustainable investing deprive unsustainable firms of fresh capital?

Blitz, David; Swinkels, Laurens; Zanten, Jan Anton van - In: The journal of impact and ESG investing 1 (2021) 3, pp. 10-25

Persistent link: https://www.econbiz.de/10012486259

Measuring hedge fund liquidity mismatch

Aragon, George O.; Ergun, A. Tolga; Girardi, Giulio; … - In: The journal of alternative investments : JAI 24 (2021) 1, pp. 26-42

Persistent link: https://www.econbiz.de/10012613086

When and why does momentum work : and not work?

Berkin, Andrew L. - In: The journal of investing : JOI 30 (2021) 5, pp. 35-54

Persistent link: https://www.econbiz.de/10012613159