This new work is the first comprehensive source of reference on the legal and regulatory framework for financial market infrastructures covering trading and post-trading in the securities and derivatives markets.
Inhaltsverzeichnis
- Introduction
- 1: Jens-Hinrich Binder and Paolo Saguato: Financial Market Infrastructures from a Trans-Atlantic Perspectives: Mapping the Issues
- 2: Carmine di Noia and Luca Filippa: Looking for New Lenses: How Regulation Should Cope with the Financial Market Infrastructures Evolution
- 3: Chryssa Papathanassiou: A Systemic Assessment of the FMI landscape: FMI Groups and Their Implications
- 4: Paolo Saguato, Guido Ferrarini, Eric Pan: Financial Market Infrastructures: The International Approach and the Current Challenges
- 5: Ruediger Veil: Blockchain and the Future of Financial Market Infrastructures
- Part I: Trading Infrastructures
- 6: Michele Siri and Matteo Gargantini: Securities and Derivatives Exchanges in the EU
- 7: Onnig H. Dombalagian: Securities and Derivatives Exchanges in the United States
- 8: Danny Busch and Han Gulyas: Alternative Trading Platforms in the EU: Multilateral Trading Facilities, Organised Trading Facilities, and Systemic Internalizes
- 9: Gabriel Rauterberg: Alternative Trading Platforms in the United States: Incentives for Innovation in the US Stock Market
- Part II: Post-Trading Infrastructures
- 10: Victor de Serière and Bas Zebregs: Securities and Derivatives Central Counterparties in the EU: Regulatory Framework, Segregation, and Portability
- 11: Paolo Saguato: Securities and Derivatives Central Counterparties in the United States
- 12: Jens-Hinrich Binder: Central Counterparties Insolvency and Resolution in the EU
- 13: David Skeel: Central Counterparties Insolvency and Resolution in the United States: Managing a Clearinghouse Failure
- 14: Eilis Ferran and Eleanore Hickman: Central Securities Depositories in the EU: The Roles and Risks of European Central Securities Depositories
- 15: Dermot Turing: Central Securities Depositories and Participant Default in the EU
- 16: Sam Wice: Central Securities Depositories in the United States: Market Structure and Regulatory Framework
- 17: Louise Gullifer and Jennifer Payne: Intermediated Securities: The European Perspective
- 18: Charles Mooney: Intermediated Securities: The US Perspective: Pluralism in Financial Market Infrastructure Design and the Case of Securities Holding
- 19: Matthias Haentjens: Transatlantic Crossings: The Case of Securities and Derivatives
- 20: Jo Braithwaite and David Murphy: Client Clearing in the EU: Challenges and Policy Responses in OTC Derivatives Client Clearing
- 21: Nihal S. Patel: Swaps Client Clearing in the United States: Ten Years After Dodd-Frank - The Good, the Bad and the Maybe
- 22: Christian Schmies and Alexander Sajnovits: Data Reporting in the EU: Market Structures and Regulatory Framework
- 23: Richard Berner, Robin Doyle, and Kenneth Lamar: Data Reporting in the United States: Challenges and Opportunities in US Swap Data Reporting