Tuesday, 10/18/16
7:45 AM
Registration and Continental Breakfast
8:15 AM
Welcome Remarks
Speaker
David Marshall, Associate Director of Research and Director of Financial Markets, Federal Reserve Bank of Chicago
8:30 AM
Keynote Speech
9:30 AM
Session 1: The Evolution of Margin Setting Practices
Panelists
Robert Cox, Vice President and Senior Policy Advisor, Federal Reserve Bank of Chicago
Richard Heckinger, Journal of Financial Market Infrastructures
Nandini Sukumar, Chief Executive Officer, World Federation of Exchanges
10:00 AM
Networking/Coffee Break
10:30 AM
Session 2: Model Risk, Model Testing and Procyclicality
Speaker
David Murphy, Senior Policy Adviser, Financial Market Infrastructure Directorate, Bank of England
11:30 AM
Session 3: Prudential Requirements for Margin Systems
Speaker
Travis Nesmith, Assistant Director and Chief, Quantitative Risk Analysis, Board of Governors of the Federal Reserve System
12:30 PM
Lunch and Keynote Interview
Speakers
Stanislav Ivanov, President, ICE Clear Credit
Walt Lukken, President and Chief Executive Officer, Futures Industry Association
2:00 PM
Session 4: Putting it All Together (Panel Discussion)
Moderator
Ray Kahn, Independent Consultant and FinTech Advisor
Panelists
Juan Blackwell, Head of Credit & Counterparty Risk Management, Ontario Teachers' Pension Plan
Sunil Cutinho, President, CME Clearing, CME Group
John Fennell, Executive Vice President, Chief Risk Officer, The Options Clearing Corporation
Nico Friedman, Managing Director, Credit Risk Management & Advisory, Finance Division, Goldman Sachs
Erik Müller, Chief Executive Officer, Eurex Clearing AG
Susan O'Flynn, Managing Director and Global Head of CCP Strategy, Governance and Optimization, Morgan Stanley
Martin Pluves, Chief Executive Officer, LCH.Clearnet, Ltd.
3:15 PM
Closing Remarks
3:30 PM
Ice Cream Social
4:00 PM
Adjourn
CCP Risk Management a Deep Dive Into Margins for Cleared Derivatives
On October 18, 2016, the Financial Markets Group of the Federal Reserve Bank of Chicago hosted its Central Counterparties (CCP) Recovery and Resolution Conference.
