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Central Counterparties: Mandatory Central Clearing and Initial Margin Requirements for OTC Derivatives

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Practical guidance toward handling the latest changes to the OTC derivatives market

Central Counterparties is a practical guide to central clearing and bilateral margin requirements, from one of the industry's most influential credit practitioners. With up-to-date information on the latest regulations imposed after the global financial crisis, this book covers the mechanics of the clearing process and analyses the resulting consequences. Detailed discussion explains the ways in which the ve...