Search: OTC

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1–4 of 4 collapsed search results for OTC

RBA Glossary definition for OTC

OTC – over-the-counter

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Promoting Financial Infrastructure that Reduces Information Asymmetries

27 Oct 2008 RDP 2008-06
Jonathan Kearns and Philip Lowe
Several features of exchange-traded markets reduce or eliminate risks that exist in OTC markets, making them potentially more robust. ... Indeed, there is a strong case for the use of such arrangements for a variety of OTC markets.
https://www.rba.gov.au/publications/rdp/2008/2008-06/pro-financial.html

Reasons for Asset Market Illiquidity

27 Oct 2008 RDP 2008-06
Jonathan Kearns and Philip Lowe
Structured finance products and many derivatives typically trade OTC because of their inherent idiosyncratic features. ... Therefore, it is no surprise that structured financial products and many derivatives typically trade in OTC markets.
https://www.rba.gov.au/publications/rdp/2008/2008-06/rea-for-asset-market-illiquidity.html

References

27 Oct 2008 RDP 2008-06
Jonathan Kearns and Philip Lowe
Available at <http://works.bepress.com/joshuagans/17/>. Ledrut E and C Upper (2007), ‘Changing Post-Trading Arrangements for OTC Derivatives’, BIS Quarterly Review, December, pp 83–95.
https://www.rba.gov.au/publications/rdp/2008/2008-06/references.html

The First-best and the Real World

27 Oct 2008 RDP 2008-06
Jonathan Kearns and Philip Lowe
One view on why the situation with Amaranth was more easily resolved than LTCM's is that its positions were exchange-traded rather than being over-the-counter (OTC), an issue
https://www.rba.gov.au/publications/rdp/2008/2008-06/first-best.html