Central Counterparties, Clearing Houses & Exchanges

Markets in Securities and Derivatives: The goal of this section is to review the roles and differing business models of central clearing parties, clearing houses and exchanges in the securities and derivatives markets and to appreciate the impact of changing macro, competitive and regulatory issues. Risk and Financial Analysis:The goal of this section is to identify the various risks inherent in central counterparties, clearing houses and exchanges, to identify best practice, and to structure a due diligence. Exposure Structuring: The goal of this section is to understand how to assess and control the risk exposures to central counterparties, clearing house and exchanges incurred both through trading and through lending.