Clearing, settlement and custody

Four new chapters and updates throughout help this 2e of Clearing, Settlement and Custody summarize worldwide changes in the process of concluding a financial transaction. Noted consultant David Loader provides a highly detailed analysis of the central clearing counterparty concept, the drivers behi...

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Bibliographic Details
Main Author: Loader, David
Format: eBook
Language:English
Published: Oxford Butterworth-Heinemann 2014
Edition:Second edition
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
Description
Summary:Four new chapters and updates throughout help this 2e of Clearing, Settlement and Custody summarize worldwide changes in the process of concluding a financial transaction. Noted consultant David Loader provides a highly detailed analysis of the central clearing counterparty concept, the drivers behind it, and its effects on operations teams. He also clearly illustrates the life cycle of a series of transactions to broaden the comparison process. Emphasizing changes in the regulatory environment stemming from the 2008 market crash and liquidity crisis, this edition uses new case studies and end-of-chapter quizzes to explore the transaction value chain of trading, clearing, settlement, and custody. Students and professionals in the financial field will benefit from the book's description of the industry and the details of financial innovation and regulatory response, with their many implications. Supplements theoretical insights about risk with empirical data from current casesProvides the first algorithmic risk management technique that spans multiple asset classes End-of-chapter questions reinforce primary and secondary points
Item Description:Previous edition: 2002. - Includes index
Physical Description:1 online resource
ISBN:0080983332
9780080983332
9780080983455