Clearing, Settlement and Custody - David Loader

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Résumé :
2nd edition, now with 4 new chapters relating to worldwide changes in the process of concluding a financial transaction and changes to the regulatory environment.

David Loader introduces us to the glamour of the back-office. Using clear examples and useful case studies he takes us through the process of clearing and settlement. After reading the book, the reader will have a good understanding of how things actually work, why back-office matters a great deal, and why the recent changes in the regulatory landscape will affect some financial markets in important ways. This is a must-read for beginners and a useful reference. --Cyril Monnet, University of Bern David Loader details what happens after a trade has been matched: Post-trading is getting increasingly complex and important for the functioning of global financial markets. It is therefore tremendously helpful to get an all-embracing overview of functions, processes, institutions, and regulation. --Torsten Schaper, Deutsche Borse AG