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The risk controllers : central counterparty clearing in globalised financial markets /
Clearing houses, or CCPs, were among the very few organisations to emerge from the global financial crisis with their standing enhanced. In the chaotic aftermath of the bankruptcy of Lehman Brothers, they successfully completed trades worth trillions of dollars in a multitude of financial instrument...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken :
John Wiley & Sons,
2011.
|
| Edición: | [Second edition] |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000 i 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn773564605 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr |n|---||||| | ||
| 008 | 120123s2011 njua ob 001 0 eng d | ||
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| 020 | |a 9781119976554 |q (electronic bk.) | ||
| 020 | |a 1119976553 |q (electronic bk.) | ||
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| 072 | 7 | |a SOC |x 023000 |2 bisacsh | |
| 082 | 0 | 4 | |a 300 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Norman, Peter, |d 1947- | |
| 245 | 1 | 4 | |a The risk controllers : |b central counterparty clearing in globalised financial markets / |c Peter Norman. |
| 246 | 3 | 0 | |a Central counterparty clearing in globalised financial markets |
| 250 | |a [Second edition] | ||
| 260 | |a Hoboken : |b John Wiley & Sons, |c 2011. | ||
| 300 | |a 1 online resource (xvi, 400 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 505 | 0 | 0 | |g Part I. |t Clearing up the crisis ; |t Unlikely heroes -- |t The modern central counterparty clearing house -- |t The biggest bankruptcy -- |g Part II. |t The road to central counterparty clearing ; |t Early clearing -- |t Innovation in Europe -- |t The London produce clearing house -- |t Complete clearing in North America -- |g Part III. |t Formative years ; |t The collapse of Bretton Woods and the invention of economic growth -- |t The 1987 crash, regulation and CCPs -- |t Continental Europe : CCPs in the slipstream of exchanges -- |t Users and clearers -- |g Part IV. |t CCPs in a decade of boom and bust ; |t Shapers of change -- |t The Chicago roller coaster -- |t Risks and opportunities -- |t Cross-border clearing in Europe -- |t Post-trade policy in Europe -- |t LCH.Clearnet under threat -- |g Part V. |t New paradigms : clearing after the crisis ; |t Mitigating risk in OTC markets -- |t Clearing swaps -- |t Exchanging places -- |t The way forward -- |t Reflections and conclusions -- |g Appendix A. |t References and bibliography -- |g Appendix B. |t Glossary -- |g Appendix C. |t Abbreviations of company, industry group, and regulator's names. |
| 520 | |a Clearing houses, or CCPs, were among the very few organisations to emerge from the global financial crisis with their standing enhanced. In the chaotic aftermath of the bankruptcy of Lehman Brothers, they successfully completed trades worth trillions of dollars in a multitude of financial instruments across listed and over-the-counter markets, and so helped avert financial Armageddon. That success transformed the business of clearing. Governments and regulators around the world gave CCPs and the clearing services they provide a front-line role in protecting the global economy from future excesses of finance. CCPs, which mitigate risk in financial markets, responded by greatly expanding their activities, notably in markets for over-the-counter derivatives, and often in fierce competition with one another. In The Risk Controllers, journalist and author Peter Norman describes how CCPs operate, how they handled the Lehman default, and the challenges they now face. Because central counterparty clearing is a complex business with a long history that continues to influence decisions and structures even in today's fast changing world, The Risk Controllers explores the development of CCPs and clearing from the earliest times to the present. It draws on the experiences of the people who helped to shape the business of clearing today. It sets the development of CCPs and clearing in the broader context of changes in society, politics and regulation. The book examines turning points, such as the 1987 stock market crash, that set clearing on a new path and the impact of long running trends, including the exponential growth of computer power and the ebb and flow of globalisation. Written in non-technical language, The Risk Controllers provides a unique and accessible guide to CCPs and clearing. It is essential reading for clearing professionals, legislators and regulators whose job it is to take this vitally important business into the future. | ||
| 588 | 0 | |a Print version record. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Clearinghouses (Banking) | |
| 650 | 0 | |a Risk management. | |
| 650 | 2 | |a Risk Management | |
| 650 | 6 | |a Chambres de compensation. | |
| 650 | 6 | |a Gestion du risque. | |
| 650 | 7 | |a risk management. |2 aat | |
| 650 | 7 | |a SOCIAL SCIENCE |x Essays. |2 bisacsh | |
| 650 | 7 | |a SOCIAL SCIENCE |x Reference. |2 bisacsh | |
| 650 | 7 | |a Clearinghouses (Banking) |2 fast | |
| 650 | 7 | |a Risk management |2 fast | |
| 655 | 7 | |a Informational works. |2 lcgft | |
| 655 | 7 | |a Documents d'information. |2 rvmgf | |
| 776 | 0 | 8 | |i Print version: |a Norman, Peter, 1947- |t Risk Controllers : Central Counterparty Clearing in Globalised Financial Markets. |d Hoboken : John Wiley & Sons, ©2011 |z 9780470686324 |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=699359 |z Texto completo |
| 938 | |a ProQuest Ebook Central |b EBLB |n EBL699359 | ||
| 938 | |a EBSCOhost |b EBSC |n 509624 | ||
| 994 | |a 92 |b IZTAP | ||