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OTC Derivatives: Bilateral Trading & Central Clearing: An Introduction to Regulatory Policy, Market Impact and Systemic Risk

OTC Derivatives: Bilateral Trading & Central Clearing: An Introduction to Regulatory Policy, Market Impact and Systemic Risk

Hardcover

Series: Global Financial Markets

EconomicsInvesting & Finance

ISBN10: 1137293853
ISBN13: 9781137293855
Publisher: Palgrave MacMillan
Published: Aug 7 2013
Pages: 298
Weight: 1.30
Height: 0.90 Width: 6.40 Depth: 9.30
Language: English
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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