As I am trying to communicate from my last post that the market for OTC derivatives is mammoth in size. I have tried to put my views in my past articles over OTC.Derivatives Central Clearning & Dodd – Frank .Central Clearning Of derivatives & Dodd – Frank continues… , Credit derivatives Cat bonds & Cat Swaps ,OTC derivative series CDS, Bonds and Basis Trade

I got the opportunity to read one of the recent paper on Reforming the OTC derivatives market by William C Dudley .

Dudley believes the pre-crisis OTC derivatives market needed reform. Let’e examine his case. Continue reading

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