The Risk Controllers: Central Counterparty Clearing in Globalised Financial Markets

by Peter Norman

Clearing houses, or CCPs, were among the very few organisations to emerge from the global financial crisis with their standing enhanced. In the chaotic aftermath of the bankruptcy of Lehman Brothers, they successfully completed trades worth trillions of dollars in a multitude of financial instruments across listed and over-the-counter markets, and so helped avert financial Armageddon.

That success transformed the business of clearing. Governments...

• Format: Hardcover
• Language: English
• ISBN: 0470686324
• ISBN13: 9780470686324
• Release Date: May 2011
• Publisher: Wiley
• Length: 416 Pages
• Weight: 1.85 lbs.
• Dimensions: 1.1" x 6.8" x 9.7"