The structure of derivatives exchanges : lessons from developed and emerging markets (English)

The authors examine the architecture, elements of market design, and the products traded in derivatives exchanges around the world. The core function of a derivatives exchange is to facilitate the transfer of risk among economic agents by providing mechanisms to enhance liquidity and facilitate price discovery. They test the proposition that organizational arrangements necessary to perform this function are not the same across markets. They also examine...

DETAILS

Author

Tsetsekos, George;

Varangis, Panos;
Document Date
1998/02/28
Document Type
Policy Research Working Paper
Report Number
WPS1887
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/01
Doc Name
The structure of derivatives exchanges : lessons from developed and emerging markets
Keywords
derivative exchange

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)

Official PDF
TXT*
Download Stats
*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

Tsetsekos, George; Varangis, Panos.

The structure of derivatives exchanges : lessons from developed and emerging markets (English). Policy, Research working paper ; no. WPS 1887 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/964471468766484160

The structure of derivatives exchanges : lessons from developed and emerging markets (English)

DETAILS

DOWNLOADS

COMPLETE REPORT

Citation

SUBSCRIBE TO EMAIL ALERTS