OTC Derivatives: Bilateral Trading and Central Clearing

An Introduction to Regulatory Policy, Market Impact and Systemic Risk

Paperback Engels 2013 9781349451371
€ 61,99
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Samenvatting

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.

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Inhoudsopgave

PART I: UNDERSTANDING BILATERAL RELATIONSHIPS 1. Over-the-Counter Derivatives and Repurchase Agreements 2. Bilateral Relationships 3. Risks in Bilateral Relationships 4. Bilateral Relationships in the Crisis PART II 5. The New Model 6. Relationships in a Trilateral World 7. Risks 8. Design Choices and Financial Stability 9. The Future

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€ 61,99
Levertijd ongeveer 9 werkdagen
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          OTC Derivatives: Bilateral Trading and Central Clearing