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.
| ISBN: | 9781137293862 |
| Publication date: | 7th August 2013 |
| Author: | Murphy, David |
| Publisher: | Palgrave Macmillan UK |
| Format: | Ebook (PDF) |