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- W138121104 abstract "This paper attempts to answer the question: How global are derivatives markets? The answer has implications for financial stability. Most of the largest derivatives dealers around the world are large, systemically important financial institutions, many of them large internationally active banks. The more global derivatives markets are, the more likely it is that financial shocks can be transmitted across countries. Although globalized derivatives markets can mitigate the effect on any one country of a financial disruption, it may also spread the disruption to other countries." @default.
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- W138121104 date "2009-01-01" @default.
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- W138121104 title "Cross-border derivatives exposures: how global are derivatives markets?" @default.
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