Risk Management of Central Clearing Counterparties workshop
Department of Finance in collaboration with PRMIA Hungary Chapter and colleagues of the Hungarian Central Counterparty (KELER CCP Ltd.) organizes a one-day online workshop on the 24th of September on the risk management of central counterparties. The aim of the workshop is to bring together professionals from academia and practice, to discuss the challenges of central clearing from a broader perspective, to identify potential research questions, and to enhance cooperation.
Keynote speakers:
- Darrell Duffie, Stanford University
- Előd Takáts, Corvinus University of Budapest
Invited speakers
- Michal Konopczak, Warsaw School of Economics
- Ron Berndsen, Tilburg University
Agenda
24th of September, Friday
| 12:50 – 13:00 | Welcome | |
| 13:00 – 15:00 | Section 1 – Theory | Link to the online section |
| Ron Berndsen (Tilburg University) | Fundamental questions on central counterparties: A Review of the Literature | |
| Péter Csóka (Corvinus University of Budapest) | Clearing in financial networks: decentralization, blockchains, bilateral netting, and endogenous uncertainty | |
| Péter Bíró (Corvinus University of Budapest) | Central coordination in financial clearing | |
| Zsolt Bihary (Corvinus University of Budapest) | Optimal margining | |
| Plenary lectures | Link to the online section | |
| 15:30 – 16:30 | Darrell Duffie (Stanford University) | Reforming the market for U.S. Treasuries: The role of central clearing |
| 16:30 – 17:30 | Előd Takáts (Corvinus University of Budapest) | Model risk at central counterparties: Is skin-in-the-game a game changer? |
| 18:00 – 20:00 | Section 2 – Practice | Link to the online section |
| Michal Konopczak (Warsaw School of Economics) | Tiering of UK CCPs – how bad is the lesser evil? | |
| Csilla Szanyi (KELER CCP) | New challenges in central clearing | |
| Kata Váradi (Corvinus University of Budapest) | Your skin or mine: assuring the viability of a CCP | |
| Berlinger/Dömötör (Corvinus University of Budapest) | Risk sensitive vs. anticyclical margining |
Organizing commitee
Dr. Berlinger Edina
edina.berlinger@uni-corvinus.hu
Rektori Szervezet / Pénzügy Intézet / Befektetések
Egyetemi Tanár / Professor
Fővám tér 13-15 (Sóház), 281
Phone: +36 1 482 5212 • Ext: 5212
Fővám tér 13-15 (Sóház), 281
Phone: +36 1 482 5212 • Ext: 5212
Dömötör Barbara Mária
barbara.domotor@uni-corvinus.hu
Rektori Szervezet / Pénzügy Intézet / Befektetések
Egyetemi docens / Associate Professor
E épület, 281
Phone: +36 1 482 5212 • Ext: 5212
E épület, 281
Phone: +36 1 482 5212 • Ext: 5212
Dr. Váradi Kata
kata.varadi@uni-corvinus.hu
Rektori Szervezet / Pénzügy Intézet / Vállalati Pénzügyek
Intézetvezető, Egyetemi docens / Head of Institute, Associate Professor
E épület, 279
Phone: +36 1 482 5156 • Ext: 5156
E épület, 279
Phone: +36 1 482 5156 • Ext: 5156