The Global Clearing Counter of Credit Derivatives: The Illumination and Evolution

碩士 === 銘傳大學 === 國際企業學系碩士在職專班 === 98 === The financial crisis causing by subprime mortgage crisis of 2009 extremely beat up the global governance mechanism of risk of derivatives. It is found that as though the large trading amount in OTC, the customized trading-contents cause such trading mechanism...

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Bibliographic Details
Main Authors: Shin-An Hou, 侯信安
Other Authors: Shiu-Li Chen
Format: Others
Language:zh-TW
Published: 2010
Online Access:http://ndltd.ncl.edu.tw/handle/36918914278794404231
Description
Summary:碩士 === 銘傳大學 === 國際企業學系碩士在職專班 === 98 === The financial crisis causing by subprime mortgage crisis of 2009 extremely beat up the global governance mechanism of risk of derivatives. It is found that as though the large trading amount in OTC, the customized trading-contents cause such trading mechanism abstruse; it, hence, is hard to picture the risk of such trading. The purpose of this study explores the international over-the-counter financial derivatives, such as the current develop and the integrated market trend of the United States, England, France, Germany and Japan. Furthermore, analyzes the relation between the form of clearing institutions and the participants in market. Moreover, provide the short, middle and long term develop suggestion in over-the-counter financial derivatives in Taiwan about centralized clearing system and establish institutions.