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Record W2951383752 · doi:10.82308/7996

Centralized Derivatives Clearing

2016· article· en· W2951383752 on OpenAlexfundno aff
Susann Lehmann

Bibliographic record

VenueeScholarship@McGill (McGill) · 2016
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicBanking stability, regulation, efficiency
Canadian institutionsnot available
FundersMcGill University
KeywordsSummitClearingPolitical scienceHumanitiesOrder (exchange)EconomyWelfare economicsBusinessEconomicsFinancial systemFinanceGeographyPhilosophy

Abstract

fetched live from OpenAlex

The financial crisis in 2008 had far-reaching consequences for the global economy. Following the breakdown of the global financial system, the members of the G20 Summit on Financial Markets and the World Economy decided to take steps to strengthen the international financial regulatory regime. In regard to "over-the-counter" (OTC) derivatives – that is, derivatives traded outside a formal exchange - the objective, among others, is to clear the contracts through central counterparties and, where a clearing is not feasible, to subject them to higher margin requirements. This thesis analyses the provisions of the Dodd-Frank Act and the European Markets and Infrastructure Regulation developed by the US and the EU respectively to implement that objective and argues that the risk management procedures in both regimes should be revised and further developed in order to accomplish the objectives of the G20 Summit and help stabilize the financial system.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.009
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.058
Threshold uncertainty score0.195

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.009
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.001
Science and technology studies0.0020.002
Scholarly communication0.0070.005
Open science0.0020.004
Research integrity0.0020.003
Insufficient payload (model declined to judge)0.0580.012

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.028
GPT teacher head0.223
Teacher spread0.195 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2016
Admission routes1
Has abstractyes

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