{"product_id":"clearing-services-for-global-markets-tina-p-hasenpusch-9781107404472","title":"Clearing Services for Global Markets: A Framework for the Future Development of the Clearing Industry","description":"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.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Tina P. Hasenpusch\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1107404479\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781107404472\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cambridge University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/10\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 570\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.97lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.61h x 6.69w x 1.16d","brand":"Tina P. Hasenpusch","offers":[{"title":"Paperback","offer_id":44120809341183,"sku":"9781107404472","price":49.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_675a8f3e-50ad-4f08-82a3-68097ce25145.jpg?v=1687416392","url":"https:\/\/www.whiterainbookhouse.com\/products\/clearing-services-for-global-markets-tina-p-hasenpusch-9781107404472","provider":"WR Book House","version":"1.0","type":"link"}