[PDF.67gy] Running the World's Markets: The Governance of Financial Infrastructure

Running the World's Markets: The Governance of Financial Infrastructure

[PDF.ur96] Running the World's Markets: The Governance of Financial Infrastructure

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 | #2369656 in eBooks |  2010-12-28 |  2010-12-28 | File type: PDF

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|| |"Overall, this excellent work is a must-read for anybody involved in the regulation of market infrastructure institutions. It provides valuable lessons and cautionary tales for how to create a sturdy and stable financial market infrastructure."--Journal

The efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure--exchanges, central counter-parties, and central securities depositories. How these institutions are governed critically affects their performance. Yet, despite their importance, there is little certainty, still less a global consensus, about their governance. Running the World's Markets examines how markets are, and should be, run.

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