Share this postCapital Flows and Asset MarketsTHE STRUCTURAL PROBLEM WITH PROFIT MAXIMISING CLEARINGHOUSES Copy linkFacebookEmailNotesMorePlayback speed×Share postShare post at current timeShare from 0:000:00/0:00Paid episodeThe full episode is only available to paid subscribers of Capital Flows and Asset MarketsSubscribe to watchTHE STRUCTURAL PROBLEM WITH PROFIT MAXIMISING CLEARINGHOUSES The problem with profit maximising clearinghouses is that expanding volumes will always increase risk.Russell ClarkMar 06, 2022∙ Paid3Share this postCapital Flows and Asset MarketsTHE STRUCTURAL PROBLEM WITH PROFIT MAXIMISING CLEARINGHOUSES Copy linkFacebookEmailNotesMore2ShareThis post will talk through the conceptual problem with profit maximising motives of a clearinghouse. Later posts will go through real world examples. The first concept to grasp is that the clearin…The full video is for paid subscribersSubscribeAlready a paid subscriber? Sign inClearinghousesIssues with clearinghousesIssues with clearinghousesSubscribeAuthorsRussell Clark