Price: Free
Report Format: PDF
Date Published: November 10, 2008
Publisher:
The global wholesale over-the-counter (OTC) markets are critical to the effective functioning of the worldwide financial system. The vast majority of financial asset classes only exist in the OTC environment. This white paper from ICAP assesses the current status of the trading, transaction processing and risk management infrastructure that supports the wholesale segment of the OTC markets and sets out some recommendations that the firm believes would improve the quality and robustness of this infrastructure.