The Law and Regulation of OTC Derivatives: An Anglo-American Comparison and Lessons for Developing Countries
Based on different underlying assets and instruments, derivatives are traded in the absence of clearing houses and organised markets. Since they are not exchange-traded, derivatives are not widely understood. In Over-the-counter (OTC) markets, counterparty default risk generates a network of interd...
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| Format: | Article |
| Language: | English |
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Aalborg Universitetsforlag
2010-01-01
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| Series: | Nordic Journal of Commercial Law |
| Online Access: | https://130.225.53.24/index.php/NJCL/article/view/3014 |