Learning Platform - "Markets & Trading"
Course: Clearing
About the online training programme
Clearing is a crucial process in trade operations. Clearing is applied in case of exchange-trading, although OTC deals can also be cleared. How clearing works and what it concerns is set out in this course. The roles of various parties is described, amongst which are central counterparties and (general) clearing members.
Course Contents
This course covers the following video lessons:
- Counterparty risk
- Master agreement
- Credit risk management
- What is clearing?
- Clearing activities
- Novation
- Central counterparty clearing
- OTC-cleared
- Central counterparty
- Clearing members
- Brokers
- Default fund
- Side-effects of central clearing – Static effects
- Side-effects of central clearing – Dynamic effects
- Side-effects of central clearing – Second round effects
This course also includes examination and certification.