default-funds

  1. Nicole Seaman

    P2.T6.24.31. Bilateral and Central Clearing

    Learning Objectives: Compare bilateral and central clearing. Compare initial margin and default fund requirements for clearing members in relation to loss coverage, cost of clearing, and moral hazard. Describe the advantages and disadvantages of central clearing. 24.31.1. In the context of OTC...
    • Nicole Seaman
    • Thread
    • bilateral-clearing central-clearing cost-of-clearing default-funds intial-margin loss-coverage moral-hazard
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    • Forum: FRM® Practice Questions
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