Central Banking

Review of Clearing Services for Global Markets

Tina P. Hasenpusch, Clearing Services for Global Markets, Cambridge University Press 2009, 568 pages

For far too long, clearing has been understood, or misunderstood, to be a dark process. Even when it was discussed, the term "clearing" was often used generically to refer to all after-the-fact-of-trade processes with little note of the variety and intricacies of those processes. With the publication of her book, Clearing Services for Global Markets,TinaHasenpusch sheds considerable light on clea

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