Credit Derivatives: Clearing and Counterparty Risk
Interactive

Credit Derivatives: Clearing and Counterparty Risk

Intuition Publishing
Updated Sep 24, 2020

When buying or selling protection, investors are exposed to the credit of an underlying name and the creditworthiness of the swap counterparty. There can be substantial losses if the counterparty fails to satisfy obligations. Here we look at counterparty credit risk, central clearing, and regulatory change.

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