OTC Derivatives Central Clearing

Abstract

We have seen in the last chapter how central clearing was mandated by the G20 after the Credit Crisis. In this chapter we look at what central clearing is and how it is practised³¹².

Mr Podsnap settled that whatever he put behind him he put out of existence. There was a dignified conclusiveness- not to add a grand convenience- in this way of getting rid of disagreeables

Charles Dickens