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Cambridge University Press Clearing Services for Global Markets: A Framework for the Future Development of the Clearing Industry

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£97.00 £91.50 £92.70 £93.90 £95.10 £96.30 £97.50 26 July 2026 13 August 2026 01 September 2026 20 September 2026 09 October 2026
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Price Distribution

Price distribution over 76 days • 2 price levels

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28 days · current 48 days 0 12 24 36 48 £92 £97 Days at Price

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Most common price: £97 (48 days, 63.2%)

Price range: £92 - £97

Price levels: 2 different prices over 76 days

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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
24 September 2009
Listed Since
03 December 2008

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