Networks of financial derivatives and systemic risk

Networks of financial derivatives and systemic risk – Research Plenary Session @ FINEXUS Conference

Time and Venue: Fri, 19 Jan 2018, 10:10 – 11:10. Aula KOL-G-201, Univ. of Zurich
Go to: Registration – Full conference program

Summary. The session examines the relation between interconnectedness and systemic risk in the context of financial derivative contracts. Indeed, interconnectedness is particularly interesting and poorly understood in the context of derivative contracts. On the one hand, amplification of shocks can be larger than in the normal case, because of non-linearity in the payoffs of derivative contracts. On the other hand, basic properties such as clearing of the market may cease to hold, as found in the context of network of CDS contracts.

Panel – click here for speaker biographies:

	Tuomas Peltonen (Deputy Head, European Systemic Risk Board) Moderator
	Stefan Avdjiev (Senior Economist, Bank for International Settlements) Speaker
	Inaki Aldasoro (Economist, Bank for International Settlements) Speaker
	Steffen Schuldenzucker (PhD Student, UZH) Speaker
	Olga Briukhova (PhD Student, UZH) Speaker