Newsletter
Clearing and settlement of exchange traded derivatives
Abstract: Derivatives are a class of financial instruments that derive their value from some underlying commodity, security, index, or other asset. Futures and options are common forms of derivatives. This article explains how clearing and settlement systems for exchange traded derivatives work.
Keywords: Derivative securities; Clearinghouses (Banking);
Access Documents
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2009/cfloctober2009_267.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2009
Issue: Oct
Order Number: 267