Global securities market: navigating the world's exchanges and OTC markets

INDICE: Additional Praise for Global Securities Market. Foreword. Preface. Introduction. Chapter 1 Fundamental Concepts. Legal Definition of Security. North vs. South (Debt vs. Equity). East vs. West (Derivatives vs. Funds). Investors. Brokers, Banks, and Advisors. Physical Securities. Agency. Purchase and Sale of Securities and the Development of Exchanges. Chapter 2 The Growth of Exchanges around the Globe and the Development of Screen Based Trading. Chapter 3 The Paper Crunch and Development of New Institutions. (1) The Trust. (2) Central Securities Depository. (3) Netting. (4) Central Counterparties. Chapter 4Central Counterparties and Depositories. The Depository Trust and Clearing Corporation. Euroclear. ISINs. Access to Information Regarding Euroclear Securities. CREST. Chapter 5 Major Worldwide Exchanges and their Associated Depositories, and Practical Tips on Execution, Clearance, and Custody in Various Regions Around the Globe. Practical Commentary Concerning Trading, Clearing and Custody in Europe. Practical Commentary Concerning Trading Clear and Custody in South America. Practical Commentary Concerning Trading, Clearing and Custody in the Middle East. ASIA. Practical Commentary Concerning Trading, Clearing and Custody in Asia. Passenger Markets. Case Study Relating to Passenger Markets. The Bangladesh Matter. Chapter 6 Legal Framework of the World Markets. A Brief History of U.S. Regulation. The New Deal and Glass-Steagall. The Panic of 2008in Context. The Pillars of U.S. Federal Securities Law. Securities Act of 1933. Securities Exchange Act of 1934. Stock Manipulation. Investment Company Actof 1940. Investment Advisers Act of 1940. A Recent History of European Legislation. MiFID. The Settlement Finality Directive. Financial Collateral Directive. The Market Abuse Directive. The Prospectus Directive. The Transparency Directive. The Capital Requirements Directive. The Alternative Investment Fund Managers Directive. The New European Super-Regulators. A Brief Comparison of U.S.Laws and EU Directives. Chapter 7 Transfer of Securities and Perfection of Collateral. Custody and Root of Title Internationally. Chapter 8 Margin. Chapter9 Short Selling and Stock Loans. Chapter 10 Derivatives. The OTC Derivative Markets. Why are OTC Derivatives Markets Regarded as More Risky than Exchange-traded Derivatives Markets? The Role Derivatives Played in the 2008-09 Financial Crisis. Legal Definition of Derivatives. What Is a CDS? What is a Credit Event? Why Have CDSs been Singled Out as Particularly Risky? Why is Standardization Necessary? What is a Central Data Repository? Contract for Difference (CFD). Background Material. Legal and Regulatory Framework of CFDs. The Outlook forCFDs. Chapter 11 Prime Brokerage. Chapter 12 Managed Accounts. History of Rule 3a-4. Applicability of the Advisers Act. Curren

• ISBN: 978-1-1180-2771-4
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 192
• Fecha Publicación: 09/03/2011
• Nº Volúmenes: 1
• Idioma: Inglés