img Leseprobe Leseprobe

OTC Derivatives: Bilateral Trading and Central Clearing

An Introduction to Regulatory Policy, Market Impact and Systemic Risk

David Murphy

PDF
ca. 53,49

Palgrave Macmillan UK img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Betriebswirtschaft

Beschreibung

After the credit crisis, supervisors enacted a range of financial reforms. In particular, they radically changed the nature of the OTC derivatives market via a number of measures, notably mandatory central clearing. This book discusses the market before the crisis, explains what central clearing is, and outlines the consequences of the new rules.

Kundenbewertungen

Schlagwörter

Clearing, investments and securities, stability, Credit Crisis, reforms, trading, derivatives