| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18256 |
| 来源ID | Working Paper 18256 |
| FX Counterparty Risk and Trading Activity in Currency Forward and Futures Markets | |
| Richard M. Levich | |
| 发表日期 | 2012-07-26 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | The Global Financial Crisis initiated a period of market turbulence and increased counterparty risk for financial institutions. Even though the Dodd-Frank Act is likely to exempt interbank foreign exchange trading from a central counterparty mandate, market participants have the option to trade currency futures on existing futures markets which standardize counterparty risks. Evidence for the period 2005-11 indicates that the market share of currency futures trading has grown relative to the pre-crisis period. This shift may be the result of a perceived increase in counterparty risk among banks, as well as changes in relative trading costs or changes in other institutional factors. |
| 主题 | International Economics ; International Finance ; Financial Economics ; Financial Markets |
| URL | https://www.nber.org/papers/w18256 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575932 |
| 推荐引用方式 GB/T 7714 | Richard M. Levich. FX Counterparty Risk and Trading Activity in Currency Forward and Futures Markets. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18256.pdf（308KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Richard M. Levich]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Richard M. Levich]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Richard M. Levich]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
