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OTC Derivatives: Bilateral Trading and Central Clearing David Murphy

OTC Derivatives: Bilateral Trading and Central Clearing By David Murphy

OTC Derivatives: Bilateral Trading and Central Clearing by David Murphy


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New RRP £55.81
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Summary

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.

OTC Derivatives: Bilateral Trading and Central Clearing Summary

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

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.

About David Murphy

David Murphy is a leading expert in financial stability and regulatory capital. He has been involved in financial regulation and derivatives for over fifteen years, working as a supervisor, risk manager, and most recently as founder of Rivast consulting, a boutique risk management consultancy. He had a front row seat in the post-crisis financial reforms as Head of Risk at ISDA, and hence he is ideally placed to comment on the financial system that is emerging from them. Dr. Murphy has published widely on risk management, OTC derivatives and capital, and is well known for his contributions to financial regulation.

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

Additional information

GOR011541123
9781137293855
1137293853
OTC Derivatives: Bilateral Trading and Central Clearing: An Introduction to Regulatory Policy, Market Impact and Systemic Risk by David Murphy
Used - Like New
Hardback
Palgrave Macmillan
2013-08-07
298
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

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