Risk management during Covid

LaSalle Street welcomes chief risk officers from Options Clearing Corporation and Nasdaq Inc. to discuss what the Covid-19 is teaching us about risk management and global financial markets.

The episode delves into a range of market issues, from initial margining and operational risk management at central clearing counterparties during the pandemic to climate change and the biggest risks on the horizon for the rest of 2020. The discussion features Roland Chai, Chief Risk Officer of Nasdaq Inc., and John J. Fennell, Chief Risk Officer of the Options Clearing Corporation, and is hosted by Ketan Patel, Policy Advisor and Head of Financial Markets Risk Analysis in the Financial Markets Group at the Federal Reserve Bank of Chicago.

The views expressed on LaSalle Street are the speakers’ own and do not necessarily reflect the views of the Federal Reserve Bank of Chicago or the Federal Reserve System.