Newsletter
Managing Risk in Global Financial Markets: CCP Governance, Supervisory Stress Testing, and Default Management Auctions
Alvarez, Nahiomy (2018)
The second annual Symposium on OTC Derivatives was held in Shanghai on June 26, 2018. This event was cosponsored by the People?s Bank of China and the Federal Reserve Bank of Chicago and hosted by CCP12 (The Global Association of Central Counterparties). Its three panels focused on central counterparty (CCP) governance, supervisory stress testing, and default management auctions.
Chicago Fed Letter

Journal Article
Cleared Margin Setting at Selected Central Counterparties
Heckinger, Richard; Cox, Robert; Marshall, David A. (2016)
Interviews with senior personnel at six of the world?s largest central counterparty clearing houses and research by financial markets staff shed light on regulations, principles, and best practices in margin setting for derivatives.
Economic Perspectives , Issue 4

Newsletter
Symposium on OTC Derivatives—A Conference Summary
Lewis, Rebecca; Yu, Ning (2017)
The People?s Bank of China (PBOC) and the Federal Reserve Bank of Chicago sponsored the Symposium on OTC Derivatives in Shanghai on May 23, 2017, in conjunction with CCP12, a global association of major central counterparties (CCPs). The conference focused on current risk management and regulatory issues facing CCPs.
Chicago Fed Letter