Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCP
The article “Risk Management in the Clearing House KDPW_CCP” discusses the operation of a transaction guarantee and clearing system by the company KDPW_CCP S.A. On the Polish market, KDPW_CCP performs the functions of a clearing house and a central counterparty for transactions made in organized...
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| Format: | Article |
| Language: | English |
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Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
2013-06-01
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| Series: | Problemy Zarządzania |
| Subjects: | |
| Online Access: | https://pz.wz.uw.edu.pl/resources/html/article/details?id=166709 |
| _version_ | 1828110743338221568 |
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| author | Iwona Sroka |
| author_facet | Iwona Sroka |
| author_sort | Iwona Sroka |
| collection | DOAJ |
| description | The article “Risk Management in the Clearing House KDPW_CCP” discusses the operation of a transaction
guarantee and clearing system by the company KDPW_CCP S.A. On the Polish market, KDPW_CCP
performs the functions of a clearing house and a central counterparty for transactions made in organized
trading and on OTC markets. As part of the services offered by the clearing house to the financial
market, an adequate risk management model plays an important role and guarantees the clearing of
transactions sent to the clearing house.
The paper describes the functions performed by the clearing house on the financial market and
the mechanisms it uses to operate the risk management system. The model adopted by KDPW_CCP is
based on a multi-tier system of clearing guarantees including formal legal requirements for participants
of the clearing house as well as a system of margins and contributions to a default fund. An important
element of the system is the own capital of the clearing house KDPW_CCP which can be used in case
of default of a participant of the clearing house. |
| first_indexed | 2024-04-11T11:23:00Z |
| format | Article |
| id | doaj.art-b44113aab268467e94312ea88c42d1f7 |
| institution | Directory Open Access Journal |
| issn | 1644-9584 2300-8792 |
| language | English |
| last_indexed | 2024-04-11T11:23:00Z |
| publishDate | 2013-06-01 |
| publisher | Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego |
| record_format | Article |
| series | Problemy Zarządzania |
| spelling | doaj.art-b44113aab268467e94312ea88c42d1f72022-12-22T04:26:35ZengWydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu WarszawskiegoProblemy Zarządzania1644-95842300-87922013-06-0111nr 2 (42)124139DOI:10.7172/1644-9584.42.8Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCPIwona Sroka0Prezes Zarządu Krajowego Depozytu Papierów Wartościowych SA oraz izby rozliczeniowej KDPW_CCP S.A., adiunkt w Katedrze Gospodarki Narodowej na Wydziale Zarządzania Uniwersytetu WarszawskiegoThe article “Risk Management in the Clearing House KDPW_CCP” discusses the operation of a transaction guarantee and clearing system by the company KDPW_CCP S.A. On the Polish market, KDPW_CCP performs the functions of a clearing house and a central counterparty for transactions made in organized trading and on OTC markets. As part of the services offered by the clearing house to the financial market, an adequate risk management model plays an important role and guarantees the clearing of transactions sent to the clearing house. The paper describes the functions performed by the clearing house on the financial market and the mechanisms it uses to operate the risk management system. The model adopted by KDPW_CCP is based on a multi-tier system of clearing guarantees including formal legal requirements for participants of the clearing house as well as a system of margins and contributions to a default fund. An important element of the system is the own capital of the clearing house KDPW_CCP which can be used in case of default of a participant of the clearing house.https://pz.wz.uw.edu.pl/resources/html/article/details?id=166709capital marketfinancial marketrisk managementclearing houseccp |
| spellingShingle | Iwona Sroka Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCP Problemy Zarządzania capital market financial market risk management clearing house ccp |
| title | Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCP |
| title_full | Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCP |
| title_fullStr | Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCP |
| title_full_unstemmed | Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCP |
| title_short | Zarządzanie ryzykiem w izbie rozliczeniowej KDPW_CCP |
| title_sort | zarzadzanie ryzykiem w izbie rozliczeniowej kdpw ccp |
| topic | capital market financial market risk management clearing house ccp |
| url | https://pz.wz.uw.edu.pl/resources/html/article/details?id=166709 |
| work_keys_str_mv | AT iwonasroka zarzadzanieryzykiemwizbierozliczeniowejkdpwccp |