Clearing services for global markets : a framework for the future development of the clearing industry /
Clearing forms the core part of a smooth and efficiently functioning financial market infrastructure. Traditionally, it has been provided by clearing houses, most of which today act as a 'central counterparty' (CCP) between the two sides of a trade. The rapid growth of cross-border trading...
Clasificación: | Libro Electrónico |
---|---|
Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Cambridge, UK ; New York :
Cambridge University Press,
2009.
|
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Setting the stage : definitions and industry setting
- Defining the core issues : efficiency and network strategies
- Collecting empirical insights : introduction to the empirical study
- Analysing costs of derivatives clearing : transaction cost studies
- Exploring theoretical basics : scale effects in clearing
- What theory reveals : framework for efficiency analysis of network strategies
- Checking theory against reality : case studies of network strategies.