Chapter 37

Market Structures and Market Abuse*

K. Alexander*,

*University of Zurich, Zurich, Switzerland

University of Cambridge, Cambridge, UK

Outline

Introduction

The global financial crisis has raised important questions about the role of regulation in reducing and controlling excessive risk taking. Prior to the crisis, innovation in financial products led to the creation of credit-linked instruments that generated high levels of leverage, which put the financial system at great risk. ...

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