Episode 33: Building Local Markets

The development of local derivatives markets can help boost economic growth and financial market liquidity in emerging market and developing economies, but how can jurisdictions ensure these markets are efficient and resilient? The EBRD’s Axel van Nederveen and Frontclear’s Romina Lopez Martinez give their views.

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Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...