RDP 2013-12: Central Counterparty Links and Clearing System Exposures Equation

Y U = ∑ k ∈ K ∑ i ∈ N E [ max ( ∑ j ∈ N X i j k , 0 ) ] Y L = ∑ c ∈ C ∑ i ∈ N c E [ max ( ∑ j ∈ N ∑ k ∈ K X i j k , 0 ) ] + ∑ c ∈ C ∑ d ≠ c ∈ C E [ max ( ∑ i ∈ N c ∑ j ∈ N d ∑ k ∈ K X i j k , 0 ) ] MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaWGzb WaaSbaaSqaaiaadwfaaeqaaOGaeyypa0Zaaabuaeaadaaeqbqaamrr 1ngBPrwtHrhAYaqeguuDJXwAKbstHrhAGq1DVbacfaaeaaaaaaaaa8 qacqWFecFrpaWaamWaaeaaciGGTbGaaiyyaiaacIhadaqadaqaamaa qafabaGaamiwamaaDaaaleaacaWGPbGaamOAaaqaaiaadUgaaaGcca GGSaGaaGimaaWcbaGaamOAaiabgIGiolaad6eaaeqaniabggHiLdaa kiaawIcacaGLPaaaaiaawUfacaGLDbaaaSqaaiaadMgacqGHiiIZca WGobaabeqdcqGHris5aaWcbaGaam4AaiabgIGiolaadUeaaeqaniab ggHiLdaakeaacaWGzbWaaSbaaSqaaiaadYeaaeqaaOGaeyypa0Zaaa buaeaadaaeqbqaa8qacqWFecFraSWdaeaacaWGPbGaeyicI4SaamOt amaaBaaameaacaWGJbaabeaaaSqab0GaeyyeIuoakmaadmaabaGaci yBaiaacggacaGG4bWaaeWaaeaadaaeqbqaamaaqafabaGaamiwamaa DaaaleaacaWGPbGaamOAaaqaaiaadUgaaaGccaGGSaGaaGimaaWcba Gaam4AaiabgIGiolaadUeaaeqaniabggHiLdaaleaacaWGQbGaeyic I4SaamOtaaqab0GaeyyeIuoaaOGaayjkaiaawMcaaaGaay5waiaaw2 faaaWcbaGaam4yaiabgIGiolaadoeaaeqaniabggHiLdaakeaacqGH RaWkdaaeqbqaamaaqafabaWdbiab=ri8fnaadmaabaGaciyBaiaacg gacaGG4bWaaeWaaeaadaaeqbqaamaaqafabaWaaabuaeaacaWGybWa a0baaSqaaiaadMgacaWGQbaabaGaam4AaaaakiaacYcacaaIWaaale aacaWGRbGaeyicI4Saam4saaqab0GaeyyeIuoaaSqaaiaadQgacqGH iiIZcaWGobWaaSbaaWqaaiaadsgaaeqaaaWcbeqdcqGHris5aaWcba GaamyAaiabgIGiolaad6eadaWgaaadbaGaam4yaaqabaaaleqaniab ggHiLdaakiaawIcacaGLPaaaaiaawUfacaGLDbaaaSWdaeaacaWGKb GaeyiyIKRaam4yaiabgIGiolaadoeaaeqaniabggHiLdaaleaacaWG JbGaeyicI4Saam4qaaqab0GaeyyeIuoaaaaa@B751@