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Robert Steigerwald

About

Robert Steigerwald was a senior policy advisor in the financial markets group at the Federal Reserve Bank of Chicago.

Bank Publications

Chicago Fed Letter

2015 Conference on Central Counterparty Risk Management: Resolution
Zachary Duey, Robert Steigerwald | 2015 | No. 348 Download
International Regulatory Cooperation after the Crisis
Richard Heckinger, Robert Steigerwald | 2011 | No. 292 | November Download
What Is Clearing and Why Is It Important?
Ed Nosal, Robert Steigerwald | 2010 | No. 278 | September Download
Financial Market Utilities and the Challenge of Just-in-time Liquidity
Richard Heckinger, David Marshall, Robert Steigerwald | 2009 | No. 268a | November Download

Economic Perspectives

OTC Derivatives -- A Primer on Market Infrastructure and Regulatory Policy
Ivana Ruffini, Robert Steigerwald | 2014 | Vol. 38 | 3rd Quarter Download
The Role of Time-Critical Liquidity in Financial Markets
David Marshall, Robert Steigerwald | 2013 | Vol. 37 | 2nd Quarter Download
Derivatives clearing and settlement: A comparison of central counterparties and alternative structures
Robert R. Bliss, Robert Steigerwald | 2006 | Vol. 30 | No. 4 | November Download
Policymakers, researchers, and practitioners discuss the role of central counterparties
Douglas D. Evanoff, Daniela Russo, Robert Steigerwald | 2006 | Vol. 30 | No. 4 | November Download

Working papers

Policy Discussion Papers

A CCP Is a CCP Is a CCP
Robert Cox, Robert Steigerwald | 2017 | Vol. PDP | No. 2017-01 | April Download
Resolving Central Counterparties after Dodd-Frank: Are They Eligible for "Orderly Liquidation"?
Robert Steigerwald, David W. DeCarlo | 2016 | Vol. PDP | No. 2016-01 | September Download
Financial Market Utilities and the Challenge of Just-in-time Liquidity
Richard Heckinger, David Marshall, Robert Steigerwald | 2009 | No. 4 | November Download
Intellectual Property and Financial Markets Competition: A Discussion of Selected Public Policy Issues
Richard Heckinger, Victor Lubasi, Robert Steigerwald | 2007 | No. PDP2007-5 | November Download
Legal and Policy Aspects of the Central Bank's Role in the Payment System: Some Costs and Benefits of the Choice of Settlement Asset
Robert Steigerwald | 2007 | No. PDP 2007-3 | September Download
Consultation Paper on Intraday Liquidity Management and Payment System Risk Policy
Carol Clark, David Marshall, Robert Steigerwald | 2007 | No. PDP 2007-1 | March Download

Selected External Publications

Acceptances in Academic Journals and Books

Cox, Robert, and Robert Steigerwald, 2018, “A CCP is a CCP is a CCP,” Journal of Financial Market Infrastructures, Vol. 6, No. 4, June, pp. 1–18, (accepted November 6, 2017). 20180601050000
Cox, Robert, and Robert Steigerwald, 2016, “'Incomplete demutualization' and financial market infrastructure: central counterparty ownership and governance after the crisis of 2008–9,” Journal of Financial Market Infrastructures, Vol. 4, No. 3, March, pp. 25–38. 20160301060000

Presentations and Other Resources

Book Chapter

Understanding Derivatives: Markets and Infrastructure

Chapter 2: Central Counterpary Clearing

Presentations
Future of Chicago as a Financial Derivatives Center: Why Chicago? (Then and Now)
Orderly Liquidation in the Shadow of the Bankruptcy Code
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