Otc derivatives: bilateral trading and central clearing: an introduction to regulatory policy, market impact and systemic risk
Auteur :
Murphy, David
Éditeur :
Palgrave Macmillan
ISBN :
9781349451371
Date de publication :
1 janv. 2013
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
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.