OTC derivatives : bilateral trading and central clearing : an introduction to regulatory policy, market impact and systemic risk / David Murphy.
The OTC derivatives market has been hit by a massive wave of regulatory change. Capital and margin requirements have increased, trade reporting has been mandated, and execution mechanisms are evolving. Most of all, central clearing is being imposed for many transactions. OTC Derivatives: Bilateral T...
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| Online Access: |
Full Text (via ProQuest) |
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| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Houndmills, Basingstoke, Hampshire :
Palgrave Macmillan,
2013.
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| Series: | Global financial markets (Houndmills, Basingstoke, England)
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| Subjects: |
Table of Contents:
- 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.