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Product details
- ISBN-10: 1137293853
- ISBN-13: 9781137293855
- Author: David Murphy
- Language: English
Product description
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.