Clearing services for global markets :: a framework for the future development of the clearing industry /
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...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, UK ; New York :
Cambridge University Press,
2009.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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. |
| Beschreibung: | 1 online resource (xxxii, 536 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and index. |
| ISBN: | 9780521518710 0521518717 9780511635106 0511635109 9780511635557 0511635559 1107404479 9781107404472 9780511634154 0511634153 |
Internformat
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| 245 | 1 | 0 | |a Clearing services for global markets : |b a framework for the future development of the clearing industry / |c Tina P. Hasenpusch. |
| 260 | |a Cambridge, UK ; |a New York : |b Cambridge University Press, |c 2009. | ||
| 300 | |a 1 online resource (xxxii, 536 pages) : |b illustrations | ||
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| 504 | |a Includes bibliographical references and index. | ||
| 505 | 0 | |a Setting the stage : definitions and industry setting -- Defining the core issues : efficiency and network strategies -- Collecting empirical insights : introduction to the empirical study -- Analysing costs of derivatives clearing : transaction cost studies -- Exploring theoretical basics : scale effects in clearing -- What theory reveals : framework for efficiency analysis of network strategies -- Checking theory against reality : case studies of network strategies. | |
| 588 | 0 | |a Print version record. | |
| 520 | |a 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. | ||
| 650 | 0 | |a International clearing. |0 http://id.loc.gov/authorities/subjects/sh85067383 | |
| 650 | 6 | |a Compensation bancaire internationale. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Banks & Banking. |2 bisacsh | |
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| 776 | 0 | 8 | |i Print version: |a Hasenpusch, Tina P., 1978- |t Clearing services for global markets. |d Cambridge, UK ; New York : Cambridge University Press, 2009 |w (DLC) 2009020678 |
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| adam_text | |
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| author | Hasenpusch, Tina P., 1978- |
| author_GND | http://id.loc.gov/authorities/names/n2009033507 |
| author_facet | Hasenpusch, Tina P., 1978- |
| author_role | |
| author_sort | Hasenpusch, Tina P., 1978- |
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| contents | Setting the stage : definitions and industry setting -- Defining the core issues : efficiency and network strategies -- Collecting empirical insights : introduction to the empirical study -- Analysing costs of derivatives clearing : transaction cost studies -- Exploring theoretical basics : scale effects in clearing -- What theory reveals : framework for efficiency analysis of network strategies -- Checking theory against reality : case studies of network strategies. |
| ctrlnum | (OCoLC)559011480 |
| dewey-full | 332.1/78 |
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| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.1/78 |
| dewey-search | 332.1/78 |
| dewey-sort | 3332.1 278 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| genre | Electronic books. |
| genre_facet | Electronic books. |
| id | ZDB-4-EBA-ocn559011480 |
| illustrated | Illustrated |
| indexdate | 2024-11-27T13:16:58Z |
| institution | BVB |
| isbn | 9780521518710 0521518717 9780511635106 0511635109 9780511635557 0511635559 1107404479 9781107404472 9780511634154 0511634153 |
| language | English |
| lccn | 2009020678 |
| oclc_num | 559011480 |
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| physical | 1 online resource (xxxii, 536 pages) : illustrations |
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| publishDate | 2009 |
| publishDateSearch | 2009 |
| publishDateSort | 2009 |
| publisher | Cambridge University Press, |
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| spelling | Hasenpusch, Tina P., 1978- https://id.oclc.org/worldcat/entity/E39PCjxvxWXbC69JbGwr8976YX http://id.loc.gov/authorities/names/n2009033507 Clearing services for global markets : a framework for the future development of the clearing industry / Tina P. Hasenpusch. Cambridge, UK ; New York : Cambridge University Press, 2009. 1 online resource (xxxii, 536 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier Includes bibliographical references and index. Setting the stage : definitions and industry setting -- Defining the core issues : efficiency and network strategies -- Collecting empirical insights : introduction to the empirical study -- Analysing costs of derivatives clearing : transaction cost studies -- Exploring theoretical basics : scale effects in clearing -- What theory reveals : framework for efficiency analysis of network strategies -- Checking theory against reality : case studies of network strategies. Print version record. 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. International clearing. http://id.loc.gov/authorities/subjects/sh85067383 Compensation bancaire internationale. BUSINESS & ECONOMICS Banks & Banking. bisacsh International clearing fast Clearing gnd http://d-nb.info/gnd/4148069-7 Wertpapierhandel gnd http://d-nb.info/gnd/4189707-9 Electronic books. Print version: Hasenpusch, Tina P., 1978- Clearing services for global markets. Cambridge, UK ; New York : Cambridge University Press, 2009 (DLC) 2009020678 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=294948 Volltext |
| spellingShingle | Hasenpusch, Tina P., 1978- Clearing services for global markets : a framework for the future development of the clearing industry / Setting the stage : definitions and industry setting -- Defining the core issues : efficiency and network strategies -- Collecting empirical insights : introduction to the empirical study -- Analysing costs of derivatives clearing : transaction cost studies -- Exploring theoretical basics : scale effects in clearing -- What theory reveals : framework for efficiency analysis of network strategies -- Checking theory against reality : case studies of network strategies. International clearing. http://id.loc.gov/authorities/subjects/sh85067383 Compensation bancaire internationale. BUSINESS & ECONOMICS Banks & Banking. bisacsh International clearing fast Clearing gnd http://d-nb.info/gnd/4148069-7 Wertpapierhandel gnd http://d-nb.info/gnd/4189707-9 |
| subject_GND | http://id.loc.gov/authorities/subjects/sh85067383 http://d-nb.info/gnd/4148069-7 http://d-nb.info/gnd/4189707-9 |
| title | Clearing services for global markets : a framework for the future development of the clearing industry / |
| title_auth | Clearing services for global markets : a framework for the future development of the clearing industry / |
| title_exact_search | Clearing services for global markets : a framework for the future development of the clearing industry / |
| title_full | Clearing services for global markets : a framework for the future development of the clearing industry / Tina P. Hasenpusch. |
| title_fullStr | Clearing services for global markets : a framework for the future development of the clearing industry / Tina P. Hasenpusch. |
| title_full_unstemmed | Clearing services for global markets : a framework for the future development of the clearing industry / Tina P. Hasenpusch. |
| title_short | Clearing services for global markets : |
| title_sort | clearing services for global markets a framework for the future development of the clearing industry |
| title_sub | a framework for the future development of the clearing industry / |
| topic | International clearing. http://id.loc.gov/authorities/subjects/sh85067383 Compensation bancaire internationale. BUSINESS & ECONOMICS Banks & Banking. bisacsh International clearing fast Clearing gnd http://d-nb.info/gnd/4148069-7 Wertpapierhandel gnd http://d-nb.info/gnd/4189707-9 |
| topic_facet | International clearing. Compensation bancaire internationale. BUSINESS & ECONOMICS Banks & Banking. International clearing Clearing Wertpapierhandel Electronic books. |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=294948 |
| work_keys_str_mv | AT hasenpuschtinap clearingservicesforglobalmarketsaframeworkforthefuturedevelopmentoftheclearingindustry |