The derivative markets have been under the microscope for their role in the financial crisis of 2007-2010. Following the crisis, a series of measures were agreed to increase the transparency of the over-the-counter (OTC) derivatives market and to reduce systemic risk. These reforms bring sweeping changes for all financial institutions.

Use this book for guidance on the latest regulatory developments, the correct interpretation of those regulations and the commercial and economic impacts of them on derivatives markets.