Risk Management Systems in Clearing and Settlement: Asian and Pacific Equity Markets

Autor: S. Ghon Rhee
Jazyk: angličtina
Rok vydání: 2000
Předmět:
Zdroj: Asian Development Review, Vol 18, Iss 01, Pp 94-119 (2000)
Druh dokumentu: article
ISSN: 01161105
1996-7241
0116-1105
DOI: 10.1142/S0116110500000051
Popis: This paper presents an overview of risk management systems in clearing and settlement. In addition, against the recommendations proposed by the Group of Thirty and revised by the International Securities Services Association, current practices of 13 organized stock exchanges in the Asian and Pacific region are presented. Policy issues related to the coexistence of both underlying equity and financial derivatives markets in the region and the increasing volume of cross-border transactions are also discussed.
Databáze: Directory of Open Access Journals