Market Foundations

The infrastructure every other product runs through — collateral, clearing, valuation and the legal architecture that ties an OTC relationship together.

6 products, each with a five-step lesson, a worked example and a bank of twelve questions.

• Collateral and the CSA — The cash and bonds that back an OTC exposure
• Central Clearing — A central counterparty steps into every trade
• Valuation and Marking — What a trade is worth, and which curve says so
• The ISDA Architecture — The paperwork that makes every other product possible
• XVA and Counterparty Risk — Why the same swap is never quite the same price twice
• Execution and Reporting — How a trade gets done, and who has to know about it

Get OTC Learn on Google Play