Central Counterparties: Mandatory Central Clearing and Bilateral Margin Requirements for OTC Derivatives (Wiley Finance Series)

4,11 valoración promedio
( 9 valoraciones por Goodreads )
 
9781118891513: Central Counterparties: Mandatory Central Clearing and Bilateral Margin Requirements for OTC Derivatives (Wiley Finance Series)
Ver todas las copias de esta edición ISBN.
 
 
Reseña del editor:

Practical guidance toward handling the latest changes to the OTC derivatives market Central Counterparties is a practical guide to central clearing and bilateral margin requirements, from one of the industry's most influential credit practitioners. With up-to-date information on the latest regulations imposed after the global financial crisis, this book covers the mechanics of the clearing process and analyses the resulting consequences. Detailed discussion explains the ways in which the very significant clearing and margining rules will affect the OTC derivatives market and the financial markets in general, with practical guidance toward implementation and how to handle the potential consequences. Over-the-counter derivatives were blamed by many for playing a major role in the 2007 financial crisis, resulting in a significant attention and dramatic action by policymakers, politicians, and regulators to reduce counterparty credit risk which was seen as a major issue in the crisis. The two most important regulatory changes are the mandatory clearing of standardised OTC derivatives, and the requirements for bilateral margin posting in non-standard OTC contracts. Central Counterparties is a complete reference guide to navigating these changes, providing clarification and practical advice. * Review the mitigation of counterparty credit risk with the historical development of central clearing * Clarify the latest regulatory requirements imposed by Dodd-Frank, EMIR, Basel III and more * Learn the mechanics of central clearing, with special attention to complex issues such as margin calculations, the loss waterfall, client clearing and regulatory capital rules * Gain insight into the advantages and disadvantages of clearing and bilateral margin requirements, and the potential issues that arise As the clearing and margining mandates are phased in, the associated costs will be severe enough to dramatically shift the topology of the financial markets and transform the nature of risk. Central Counterparties provides the information, clarification and expert insight market practitioners need to get up to speed quickly.

Contraportada:

The Global Financial Crisis, from 2007 onwards, illustrated the inherent weaknesses in the global financial system and some of their causes. In particular over-the-counter (OTC) derivatives were blamed by many for partially causing and catalysing the crisis. Not surprisingly, this has led to dramatic action from politicians, policymakers and regulators in relation to OTC derivative markets. Two of the most important changes are the mandatory clearing of standardised OTC derivatives and the requirements for bilateral margin posting in non-standard OTC contracts. Both clearing and margining mandates will be effectively phased in from 2014 and the associated costs will be severe. These regulatory changes are therefore going to create a dramatic shift in the topology of financial markets, together with a significant reallocation of counterparty and systemic risks. Knowledge of the subject is an important consideration for all financial institutions whether they are CCP members, clear trades indirectly or find themselves subject to bilateral margin requirements.

Central Counterparties: Mandatory Clearing and Bilateral Margin Requirements for OTC Derivatives explains the central clearing of OTC derivatives and the associated bilateral margin requirements. The book provides a historical perspective of central clearing as it developed with derivative exchanges in order to mitigate counterparty credit risk. The regulatory requirements (Dodd-Frank, EMIR, Basel III) being imposed since the global financial crisis are defined and discussed. The mechanics of central clearing are described including operational aspects, initial margin and default fund calculations, loss waterfalls and allocation methods. Client clearing is discussed, in particular giving detail on margin segregation and portability methods. An assessment is made throughout of the advantages and disadvantages of clearing and margining requirements, including potential issues such as funding liquidity risk, operational risk and wrong-way risk.

The book is unique and covers the regulatory requirements together with the practical implementation details and the potential impacts and consequences. It is an invaluable and complete reference guide for any market practitioner, policy maker, academic or student with responsibility or interest in the area of OTC derivatives.

"Sobre este título" puede pertenecer a otra edición de este libro.

Los mejores resultados en AbeBooks

1.

Jon Gregory
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Cantidad disponible: 5
Librería
GreatBookPrices
(Columbia, MD, Estados Unidos de America)
Valoración
[?]

Descripción Condición: New. Nº de ref. del artículo: 20386545-n

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 51,35
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 2,26
A Estados Unidos de America
Destinos, gastos y plazos de envío

2.

Jon Gregory (Independent Trainer and Consultant)
Publicado por John Wiley and Sons
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Cantidad disponible: > 20
Librería
INDOO
(Avenel, NJ, Estados Unidos de America)
Valoración
[?]

Descripción John Wiley and Sons. Condición: New. Brand New. Nº de ref. del artículo: 1118891511

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 50,52
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,09
A Estados Unidos de America
Destinos, gastos y plazos de envío

3.

Jon Gregory
Publicado por John Wiley Sons Inc, United States (2014)
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Tapa dura Original o primera edición Cantidad disponible: 1
Librería
The Book Depository
(London, Reino Unido)
Valoración
[?]

Descripción John Wiley Sons Inc, United States, 2014. Hardback. Condición: New. 1. Auflage. Language: English . Brand New Book. Practical guidance toward handling the latest changes to the OTC derivatives market Central Counterparties is a practical guide to central clearing and bilateral margin requirements, from one of the industry s most influential credit practitioners. With up-to-date information on the latest regulations imposed after the global financial crisis, this book covers the mechanics of the clearing process and analyses the resulting consequences. Detailed discussion explains the ways in which the very significant clearing and margining rules will affect the OTC derivatives market and the financial markets in general, with practical guidance toward implementation and how to handle the potential consequences. Over-the-counter derivatives were blamed by many for playing a major role in the 2007 financial crisis, resulting in a significant attention and dramatic action by policymakers, politicians, and regulators to reduce counterparty credit risk which was seen as a major issue in the crisis. The two most important regulatory changes are the mandatory clearing of standardised OTC derivatives, and the requirements for bilateral margin posting in non-standard OTC contracts. Central Counterparties is a complete reference guide to navigating these changes, providing clarification and practical advice. * Review the mitigation of counterparty credit risk with the historical development of central clearing * Clarify the latest regulatory requirements imposed by Dodd-Frank, EMIR, Basel III and more * Learn the mechanics of central clearing, with special attention to complex issues such as margin calculations, the loss waterfall, client clearing and regulatory capital rules * Gain insight into the advantages and disadvantages of clearing and bilateral margin requirements, and the potential issues that arise As the clearing and margining mandates are phased in, the associated costs will be severe enough to dramatically shift the topology of the financial markets and transform the nature of risk. Central Counterparties provides the information, clarification and expert insight market practitioners need to get up to speed quickly. Nº de ref. del artículo: ALB9781118891513

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 53,91
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

4.

Jon Gregory
Publicado por John Wiley & Sons Inc
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Tapa dura Cantidad disponible: 2
Librería
THE SAINT BOOKSTORE
(Southport, Reino Unido)
Valoración
[?]

Descripción John Wiley & Sons Inc. Hardback. Condición: New. New copy - Usually dispatched within 2 working days. Nº de ref. del artículo: B9781118891513

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 45,99
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 7,92
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

5.

Jon Gregory
Publicado por John Wiley Sons Inc, United States (2014)
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Tapa dura Original o primera edición Cantidad disponible: 1
Librería
Book Depository International
(London, Reino Unido)
Valoración
[?]

Descripción John Wiley Sons Inc, United States, 2014. Hardback. Condición: New. 1. Auflage. Language: English . Brand New Book. Practical guidance toward handling the latest changes to the OTC derivatives market Central Counterparties is a practical guide to central clearing and bilateral margin requirements, from one of the industry s most influential credit practitioners. With up-to-date information on the latest regulations imposed after the global financial crisis, this book covers the mechanics of the clearing process and analyses the resulting consequences. Detailed discussion explains the ways in which the very significant clearing and margining rules will affect the OTC derivatives market and the financial markets in general, with practical guidance toward implementation and how to handle the potential consequences. Over-the-counter derivatives were blamed by many for playing a major role in the 2007 financial crisis, resulting in a significant attention and dramatic action by policymakers, politicians, and regulators to reduce counterparty credit risk which was seen as a major issue in the crisis. The two most important regulatory changes are the mandatory clearing of standardised OTC derivatives, and the requirements for bilateral margin posting in non-standard OTC contracts. Central Counterparties is a complete reference guide to navigating these changes, providing clarification and practical advice. * Review the mitigation of counterparty credit risk with the historical development of central clearing * Clarify the latest regulatory requirements imposed by Dodd-Frank, EMIR, Basel III and more * Learn the mechanics of central clearing, with special attention to complex issues such as margin calculations, the loss waterfall, client clearing and regulatory capital rules * Gain insight into the advantages and disadvantages of clearing and bilateral margin requirements, and the potential issues that arise As the clearing and margining mandates are phased in, the associated costs will be severe enough to dramatically shift the topology of the financial markets and transform the nature of risk. Central Counterparties provides the information, clarification and expert insight market practitioners need to get up to speed quickly. Nº de ref. del artículo: ALB9781118891513

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 54,10
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

6.

Gregory, Jon
Publicado por John Wiley and Sons Inc (2014)
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Cantidad disponible: 1
Librería
Pbshop
(Wood Dale, IL, Estados Unidos de America)
Valoración
[?]

Descripción John Wiley and Sons Inc, 2014. HRD. Condición: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. del artículo: IB-9781118891513

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 58,83
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,42
A Estados Unidos de America
Destinos, gastos y plazos de envío

7.

Jon Gregory
Publicado por John Wiley and#38; Sons (2014)
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Cantidad disponible: > 20
Librería
Books2Anywhere
(Fairford, GLOS, Reino Unido)
Valoración
[?]

Descripción John Wiley and#38; Sons, 2014. HRD. Condición: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. del artículo: FW-9781118891513

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 53,53
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 10,27
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

8.

Jon Gregory
Publicado por Wiley 2014-06-13, Chichester, West Sussex (2014)
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Tapa dura Cantidad disponible: > 20
Librería
Blackwell's
(Oxford, OX, Reino Unido)
Valoración
[?]

Descripción Wiley 2014-06-13, Chichester, West Sussex, 2014. hardback. Condición: New. Nº de ref. del artículo: 9781118891513

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 60,40
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 6,85
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

9.

Gregory, Jon
Publicado por Wiley
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Tapa dura Cantidad disponible: 1
Librería
Booklot COM LLC
(Philadelphia, PA, Estados Unidos de America)
Valoración
[?]

Descripción Wiley. Hardcover. Condición: New. 1118891511. Nº de ref. del artículo: Z1118891511ZN

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 74,05
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

10.

Jon Gregory
Publicado por John Wiley Sons Inc, United States (2014)
ISBN 10: 1118891511 ISBN 13: 9781118891513
Nuevo Tapa dura Original o primera edición Cantidad disponible: 10
Librería
Book Depository hard to find
(London, Reino Unido)
Valoración
[?]

Descripción John Wiley Sons Inc, United States, 2014. Hardback. Condición: New. 1. Auflage. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Practical guidance toward handling the latest changes to the OTC derivatives market Central Counterparties is a practical guide to central clearing and bilateral margin requirements, from one of the industry s most influential credit practitioners. With up-to-date information on the latest regulations imposed after the global financial crisis, this book covers the mechanics of the clearing process and analyses the resulting consequences. Detailed discussion explains the ways in which the very significant clearing and margining rules will affect the OTC derivatives market and the financial markets in general, with practical guidance toward implementation and how to handle the potential consequences. Over-the-counter derivatives were blamed by many for playing a major role in the 2007 financial crisis, resulting in a significant attention and dramatic action by policymakers, politicians, and regulators to reduce counterparty credit risk which was seen as a major issue in the crisis. The two most important regulatory changes are the mandatory clearing of standardised OTC derivatives, and the requirements for bilateral margin posting in non-standard OTC contracts. Central Counterparties is a complete reference guide to navigating these changes, providing clarification and practical advice. * Review the mitigation of counterparty credit risk with the historical development of central clearing * Clarify the latest regulatory requirements imposed by Dodd-Frank, EMIR, Basel III and more * Learn the mechanics of central clearing, with special attention to complex issues such as margin calculations, the loss waterfall, client clearing and regulatory capital rules * Gain insight into the advantages and disadvantages of clearing and bilateral margin requirements, and the potential issues that arise As the clearing and margining mandates are phased in, the associated costs will be severe enough to dramatically shift the topology of the financial markets and transform the nature of risk. Central Counterparties provides the information, clarification and expert insight market practitioners need to get up to speed quickly. Nº de ref. del artículo: BZV9781118891513

Más información sobre este vendedor | Contactar al vendedor

Comprar nuevo
EUR 77,66
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

Existen otras copia(s) de este libro

Ver todos los resultados de su búsqueda