By
David Loader, Managing Director, Derivatives Management Services, London
Description
This book makes the reader aware of the background to the derivatives markets, how they have developed and their importance today.
Clearing and Settlement of Derivatives addresses how and why derivative products are used and how the industry is structured,
looking at both the exchange and over-the-counter markets. The role of the various parties is explained and the interaction between securities,
commodities and derivatives explored.
The key regulation that affects the use of derivatives by banks, corporate companies, institutional
investors and private clients is covered and by way of example, the book reviews the various Directives affecting investment funds’ use
of derivatives, capital adequacy requirements on banks and guidelines for private client use. The regulations looked at will be international,
making this book suitable for most UK, European, and North American markets.
Audience:
This book is aimed at the securities and derivatives sector of the financial markets and those support and people and organisations involved in the market.
