Emm, Ekaterina E.; Ince, Ufuk - In: Managerial Finance 37 (2011) October, pp. 1161-1189
Purpose – The purpose of this paper is to examine the extent of systemic risk and competition in over-the-counter (OTC) derivatives dealing. Using derivatives-related failures during the 1990s, the authors draw conclusions that are pertinent to the recent financial market turmoil involving OTC...