I didn’t understand a seeming contradiction with respect to CCP’s. At one point it is indicated that a buyer and a seller who are going to use a CCP first arrive at the terms of the sale and then they contract with the CCP using the terms arrived at to flesh out the two contracts. At another point in the presentation it is indicated that the use of a CCP allows the buyer and seller to remain anonymous. How can both of these two statements be true?
[...] Nov 21 - http://baselinescenario.com/2008/11/21/video-of-tuesdays-mit-class/ [...]
Global Credit Crisis - A Crash Course from MIT « singularity
November 24, 2008 at 3:14 pm
I didn’t understand a seeming contradiction with respect to CCP’s. At one point it is indicated that a buyer and a seller who are going to use a CCP first arrive at the terms of the sale and then they contract with the CCP using the terms arrived at to flesh out the two contracts. At another point in the presentation it is indicated that the use of a CCP allows the buyer and seller to remain anonymous. How can both of these two statements be true?
Darryl Cochrane
November 24, 2008 at 11:20 pm
[...] http://baselinescenario.com/2008/11/18/session-outline-mit-global-crisis-class-at-4pm-today/ http://baselinescenario.com/2008/11/21/video-of-tuesdays-mit-class/ [...]
Next MIT Class on Global Crisis: Tuesday, December 2nd « The Baseline Scenario
December 1, 2008 at 1:36 pm