Clearing, Settlement and Custody

Authors: David Loader Publisher: Elsevier Science Publication date: 2019 Publication language: Angielski Number of pages: 330 Publication formats: EAN: 9780128186916 ISBN: 9780128186916 Category: Investment & securities Banking Publisher's index: C2018-0-04499-0 Bibliographic note: David Loader is the cofounder of DSC Portfolios Ltd., which specializes in global training and consultancy services for the financial industry. He has worked in the debt, equity, and derivatives markets, and his expertise in back-office dynamics is unparalleled. He has written widely on operations management, derivatives, fund administration, and operational risk.

Description

Clearing, Settlement, and Custody, Third Edition, introduces the post-trade infrastructure and its institutions. Author David Loader reduces the complexity of this environment in a non-technical way, helping students and professionals understand the complex chain of events that starts with securities trading and ends the settlement of cash and paper. The Third Edition examines the roles of clearing houses, central counterparties, central securities depositories, and custodians. The book assesses the impact on workflow and procedures in the operations function at banks, brokers, and institutions. In consideration of technological and regulatory advances, this edition adds 5 new chapters while introducing new case studies and updating examples.

Adds a new chapter while updating all chapters
Adds new case studies and end-of-chapter questions
Introduces current examples to illuminate important points

Author's affiliation

David Loader: Director of DSC Portfolio Ltd. and Loader Ass