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The Foreign Exchange Market and Central Counterparties

Author

Listed:
  • Mark Manning

    (Reserve Bank of Australia)

  • Alex Heath

    (Reserve Bank of Australia)

  • James Whitelaw

    (Reserve Bank of Australia)

Abstract

The financial crisis has led to considerable efforts to improve risk management practices in financial markets. One of the main proposals being suggested in international fora is to increase the use of central counterparties. This article discusses the potential for central counterparty arrangements to complement existing risk management practices in the foreign exchange market.

Suggested Citation

  • Mark Manning & Alex Heath & James Whitelaw, 2010. "The Foreign Exchange Market and Central Counterparties," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 49-57, March.
    • Handle: RePEc:rba:rbabul:mar2010-08
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2010/mar/pdf/bu-0310-8.pdf
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    References listed on IDEAS

    as
    1. Stephen G Cecchetti & Jacob Gyntelberg & Marc Hollanders, 2009. "Central counterparties for over-the-counter derivatives," BIS Quarterly Review, Bank for International Settlements, September.
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