Symposium on Central Clearing of Over-the-Counter Derivatives
This symposium on the central clearing of over-the-counter derivatives addressed policy issues related to the design, operation and regulation of central counterparties (CCPs). Participants drawn from CCP operators, derivatives dealers, investors, regulators and academia focused attention on a range of key public policy issues.
Friday, 04/06/12
7:45 AM
Continental Breakfast
8:25 AM
Opening Remarks
David A Marshall, Senior Vice President, Associate Director of Research and Director of Financial Markets, Federal Reserve Bank of Chicago
8:30 AM
Panel 1: CCP Default Management
Moderator
Douglas W Diamond, Merton H. Miller Distinguished Service Professor of Finance and Neubauer Family Faculty Fellow, University of Chicago Booth School of Business
Panelists
Stanislav Ivanov, Chief Risk Officer, ICE Clear Credit
Edward Murray, Partner, Derivatives and Structured Finance Group, Allen & Overy LLP
, S. Samuel Arsht Professor of Corporate Law, University of Pennsylvania Law School
Honorable Jill E Sommers, Commissioner, U.S. Commodity Futures Trading Commission
Kimberly S Taylor, Managing Director and President, CME Clearinghouse Division, CME Group
10:00 AM
Coffee Break
10:30 AM
Panel 2: Cross-Jurisdictional Issues, Interoperability
Moderator
Derek West, Director of the Centre of Excellence for Derivatives, Quebec Autorité des Marchés Financiers
Panelists
Byron Baldwin, Senior Vice President, Eurex
Mark Chambers, Senior Manager, Payments System Stability, Payments Policy Department, Reserve Bank of Australia
Adam W Glass, Chief Counsel, Division of Risk, Strategy and Financial Innovation, U.S. Security and Exchange Commission
Agnes Koh, Senior Vice President and Head, Clearing Risk, Singapore Exchange
Thomas Nellen, Economic Advisor, Oversight, Swiss National Bank
12:00 PM
Luncheon and Keynote Speaker
Daniela Russo, Director General, Payments and Markets Infrastructure, European Central Bank
2:00 PM
Panel 3: Collateral and Account Segregation
Moderator
Randall S Kroszner, Norman R. Bobins Professor of Economics, University of Chicago Booth School of Business
Panelists
Michael Clarke, Managing Director, Goldman Sachs & Co.
Adam Cooper, Senior Managing Director and General Counsel, Citadel Investment Group, L.L.C.
Daniel Heller, Head of Secretariat, Committee on Payment and Settlement Systems, Bank for International Settlements
Manmohan Singh, Senior Economist, International Monetary Fund
Cícero Augusto Vieira Neto, Chief Operating, Clearing & Depository Officer and Member of the Executive Board, BM&F Bovespa SA
3:30 PM
Reception
Last Updated: 03/19/2012
