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Determination by the Settlement Systems of the Required Collateral Imposed to Participants
Proceedings of the International Conference on Business Excellence
AbstractThe dynamics of the increase in volume and amount of the financial or commercial transactions during the last decennials has amplified the role of clearing and settlement systems, along with the payment ones. From the quality of these systems as a financial markets stability provider also derives the concern for the management of financial risks mainly generated by the participants in these systems. The clearing-settlement systems, operated by infrastructure entities of the capitaldoi:10.2478/picbe-2020-0088 fatcat:mazdegkhcrdk5htds2hrudfxtm