Clearing And Settlement Of Derivatives

This book makes the reader aware of the background to the derivatives marketshow they have developed and their importance today.Clearing and Settlement of Deriv... » 

This book makes the reader aware of the background to the derivatives marketshow they have developed and their importance today.Clearing and Settlement of Derivatives addresses how and why derivativeproducts are used and how the industry is structured looking at both theexchange and overthecounter markets. The role of the various parties isexplained and the interaction between securities commodities and derivativesexplored.The key regulation that affects the use of derivatives by banks corporatecompanies institutional investors and private clients is covered and by way ofexample the book reviews the various Directives affecting investment funds useof derivatives capital adequacy requirements on banks and guidelines forprivate client use. The regulations looked at will be international makingthis book suitable for most UK European and North American markets. Informs and educates the reader about derivative products and everything thathappens when trades take place without using confusing technical detail andunexplained jargon Explains the background to derivatives and the market infrastructures andregulation in a clear and easy to read way Deals with the extensive procedures and processes involved in lively easy tofollow road maps «