The article studies realization of reforms in the OTC derivatives market and current state, structure, scales and tendencies of development in the off-exchange market of derivatives. The author concludes that in the context of the changes occurring in the OTC derivatives market, there is a general tendency to blur the boundaries between the exchange and the OTC market segments, standardization and execution of their transactions using centralized clearing.
Keywords: OTC derivatives market, regulation, clearing, central contractor, trade repository, agreement, futures of swaps
References:
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