Analyzing the economics of financial market infrastructures
By: Martin Diehl, Biliana Alexandrova-Kabadjova, Richard Heuver, and Serafin Martinez-Jaramillo, editors
Publisher: Business Science Reference
Published: 2016
Place of publication: Hershey
Language: eng
Number of pages: 410
ISBN-13: 9781466687455; 9781466687462
Subjects: Financial institutions; Law and legislation
Description: "This book is a pivotal reference source for the latest scholarly research on the current developments in financial systems and how these processes are evolving due to new regulations and technical advances"--
Notes: Includes bibliographical references (pages 369-400) and index.
Table of contents: title: Forewords; title: Preface: introduction by the editors; title: Part A: The role of financial market infrastructures; title: Financial market infrastructures : the backbone of financial systems / Martin Diehl (Deutsche Bundesbank); title: The role of financial market infrastructures in financial stability : an overview / Serafin Martínez-Jaramillo, José Luis Molina-Borboa, Bernardo Bravo-Benitez (all: Banco de México); title: Regulating global FMIs : achieving stability and efficiency across borders / Aaron Unterman (Ontario Securities Commission, Canada); title: FMIs : knights in shining armour? / Christian Goerlach, Anne-Katrin Brehm, Bradley Lonnen (all: Deutsche Bank); title: Part B: Tools and applications for analyzing financial market infrastructures; title: Exploiting parallelization to increase the performance of payment systems simulations / Tatu Laine, Kasperi Korpinen (both: Bank of Finland); title: Using FMI transaction data in simulations : less is more? / Richard Heuver, Ronald Heijmans (both: De Nederlandsche Bank); title: A multi-layer network of the Colombian sovereign securities market / Carlos León, Jhonatan Pérez (both: Colombian Central Bank), Luc Renneboog (Tilburg University); title: Overconfidence in the credit card markets / Susan Kriete-Dodds, Ditmar Maringer (both: University Basel); title: Implementation aspects of indicators related to payments timing / Alexandros Kaliontzoglou (Bank of Greece), Alexander Pascal Müller (Deutsche Bundesbank); title: Intraday liquidity flows within the financial market infrastructures in México / Biliana Alexandrova-Kabadjova, Liliana Garcia-Ochoa (both: Banco de México), Ronald Heijmans (De Nederlandsche Bank), Antoaneta Serguieva (University College London); title: Economics of single types of financial market infrastructures; title: Payment system analysis : the central bank perspective / Alexander Pascal Müller (Deutsche Bundesbank); title: Liquidity-saving mechanisms in payment systems and settlement liquidity : from the experience of Japan's next-generation RTGs project / Masashi Nakajima (Reitaku University); title: CCPs : a challenge for practical oversight / Anna Pliquett (Deutsche Bundesbank); title: Ownership, incentives and regulation of CCP risks / Mark Jozsef Manning, Louise Carter, Jennifer Hancock, (all: Reserve Bank of Australia); title: Mind the gap: undercollateralization in the global and Canadian OTCD markets / Jorge Cruz (Bank of Canada); title: The changing role of CSDs in the post-trade industry in Europe : impact of the CSD-regulation and t2s / Ariena van Wageningen (De Nederlandsche Bank); title: Central securities depositories and securities clearing and settlement / Alistair Milne (Loughborough University); title: Undressing the global derivatives market : trade repositories: past, present and future / Marco Massarenti (European Central Bank).