CHAPTER 10
The Dodd-Frank Act and Other Reforms
For any organization involved in derivatives, managing derivative contracts is the most important operational task. You have seen how important the effective management of a contract is to avoiding operational failures that may cause serious financial and reputation damages to the firm. To manage the contract successfully, a thorough understanding of the contract life cycle and underlying processes and procedures is essential.
Part I of the book briefly introduced the derivatives contract and the life cycles of the three major types of contracts. Part II and this opening chapter in particular provide thorough descriptions of the general and type-specific derivatives contract life cycles.
This ...
Get Managing Derivatives Contracts : A Guide to Derivatives Market Structure, Contract Life Cycle, Operations, and Systems now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
