{"product_id":"clearing-services-for-global-markets-a-framework-for-the-future-development-of-the-clearing-industry-9781107404472","title":"Clearing Services for Global Markets: A Framework for the Future Development of the Clearing Industry","description":"Clearing forms the core part of a smooth and efficiently functioning financial market infrastructure. Traditionally, it has been provided by clearing houses, most of which today act as a 'central counterparty' (CCP) between the two sides of a trade. The rapid growth of cross-border trading has sparked discussion on the most efficient industry structure - particularly in Europe and the US. At the heart of this discussion lies the question of whether the implementation of a single clearing house creates greater benefits than a more competitive but interlinked market structure. This is the starting point for this book, which analyses the efficiency of clearing and clearing industry structure. Along with clear-cut definitions and a concise characterisation and descriptive analysis of the clearing industry, the book determines the efficiency impact of various cross-border integration and harmonisation initiatives between CCPs. This serves to identify the most preferable future structure for the clearing industry.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Tina P. Hasenpusch\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/10\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 570\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.97lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.61h x 6.69w x 1.16d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781107404472\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Cambridge University Press","offers":[{"title":"Paperback","offer_id":40961381138547,"sku":"9.78111E+12","price":63.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_e5611036-127c-40a1-95f9-e58eeaf321f4.jpg?v=1695128552","url":"https:\/\/bookstorenmore.com\/en-de\/products\/clearing-services-for-global-markets-a-framework-for-the-future-development-of-the-clearing-industry-9781107404472","provider":"Bookstore N More","version":"1.0","type":"link"}