Collateralization and Clearing Process in OTC Markets
{"Image DocumentName": "Collateralization and Clearing Process in OTC Markets", "Image ImageDescription": "They are similar to futures contracts to be settled regularly (e.g., every day or every week) Collateralization significantly reduces the default risk for OTC contracts. Note that in the margin mechanism for futures, the cash or marketable securities serve as the collateral (\u62b5\u62bc\u54c1) To use the terminology of exchange-traded markets, traders would be required to post variation margin, but no initial margin.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}