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文章基本信息

  • 标题:Changing post-trading arrangements for OTC derivatives
  • 本地全文:下载
  • 作者:Elisabeth Ledrut ; Christian Upper
  • 期刊名称:BIS Quarterly Review: International Banking and Financial Market Developments = BIZ-Quartalsbericht: Internationales Bankgeschäft und internationale Finanzmärkte
  • 印刷版ISSN:1012-9979
  • 出版年度:2007
  • 卷号:2007
  • 期号:4
  • 出版社:Bank for International Settlements
  • 摘要:

    The post-trading infrastructure of OTC derivatives markets has not always kept up with the rapid growth in trading volumes. Recent years have seen some initiatives that seek to introduce multilateral elements that facilitate flows of information between market participants while preserving the decentralised nature of the transactions. While central counterparties lead to the highest degree of mutualisation, other services, such as central information depositories or multilateral terminations, could deliver similar benefits in terms of information management.

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