Article
Version 1
Preserved in Portico This version is not peer-reviewed
Credit-Default Swaps Trading in CCPs
Version 1
: Received: 28 February 2021 / Approved: 2 March 2021 / Online: 2 March 2021 (12:05:53 CET)
How to cite: Rojas Cama, F. Credit-Default Swaps Trading in CCPs. Preprints 2021, 2021030084. https://doi.org/10.20944/preprints202103.0084.v1 Rojas Cama, F. Credit-Default Swaps Trading in CCPs. Preprints 2021, 2021030084. https://doi.org/10.20944/preprints202103.0084.v1
Abstract
This paper shows the influence of CCP’s collateralization on the pricing of the Credit Default Swaps (CDS). A narrowly variant in the way the CDS seller decides over the resources in the settlement comes with a substantial change on the elements that determine the price of the CDS.
Keywords
price discovery; financial economics; clearing; credit default swaps; collateralization; OTC; risk premium; CCP.
Subject
Business, Economics and Management, Finance
Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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