Jean-Philippe Dion


Jean-Philippe Dion is Director of Market Structure and Regulation in the Bank of Canada’s Financial Markets Department.


Jean-Philippe Dion

Financial Markets
Market Structure and Regulation

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9


To Link or Not To Link? Netting and Exposures Between Central Counterparties

This paper provides a framework to compare linked and unlinked CCP configurations in terms of total netting achieved by market participants and the total system default exposures that exist between participants and CCPs.

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