Explain why trading derivatives on centralized exchanges rather than in overthe- counter markets helps reduce systemic risk.

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Explain why trading derivatives on centralized exchanges rather than in overthe-

counter markets helps reduce systemic risk.

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Related Book For  book-img-for-question

Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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