We will be closed from 5pm BST on Friday 28th August 2026 for the late summer bank holiday, re-opening at 8.30am BST on Tuesday 1st September. Any orders placed during this period will be processed when we re-open.
Four new chapters and updates throughout help this second edition summarize worldwide changes in the process of concluding a financial transaction.
Noted consultant David Loader, Director of DSC Portfolio Ltd and Loader Associates Ltd, provides a highly detailed analysis of the central clearing counterparty (CCP) concept, the drivers behind it, and its effects on operations teams. He also clearly illustrates the 'lifecycle' of a series of transactions to broaden the comparison process.
Emphasizing changes in the regulatory environment stemming from the 2008 market crash and liquidity crisis, this edition uses new case studies and end-of-chapter quizzes to explore the transaction value chain of trading, clearing, settlement, and custody. Students and professionals in the financial field will benefit from the book's description of the industry and the details of financial innovation and regulatory response with their many implications.
