3Stulz, R.M. 2010. Credit Default Swaps and the Credit Crisis, Journal of Economic Perspective, 24 ( 1 ).
4Elisabeth Ledrut. 2007. Changing post-trading ar- rangements for OTC derivatives, BIS Quarterly Review, De- cember.
5ICE, ICE CDS Clearing.2010. Leading Risk Man- agement Services for Credit Derivatives.
6Galati, G.2002. Settlement Risk in Foreign Ex- change Markets and CLS Bank, BIS Quarterly Review, 12.
7Bank for international settlements. 1998. OTC De- rivative: Settlement Procedures and Counterparty Risk Man- agement(Basel).
8Moser, J.T.1998. Contracting Innovations and the Evolution of Clearing and Settlement Methods at Futures Exchanges, Federal Reserve Bank of Chicago Working Pa- per, 8.
