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OTC Derivatives—A Primer on Market Infrastructure and Regulatory Policy

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Listed:
  • Ivana Ruffini
  • Robert Steigerwald

Abstract

In this article, we discuss some recent developments relating to the regulation of derivatives markets, specifically the Group of Twenty (G-20) mandates, and examine the infrastructure that supports derivatives markets (including both the trade execution and post-trade clearing and settlement processes). Then we identify some of the policy issues raised by the G-20 market structure mandates. To provide a foundation for that discussion, first we explain some key concepts and terms.

Suggested Citation

  • Ivana Ruffini & Robert Steigerwald, 2014. "OTC Derivatives—A Primer on Market Infrastructure and Regulatory Policy," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q III, pages 80-99.
    • Handle: RePEc:fip:fedhep:00009
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    References listed on IDEAS

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    More about this item

    Keywords

    over-the-counter; Group of Twenty G20; markets;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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