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Reading 46 : EXCHANGES, OTC DERIVATIVES, DPCS, AND SPVS #53

Open Grefer opened 4 years ago

Grefer commented 4 years ago

https://www.melonsblog.cn/2020/01/reading-46-exchanges-otc-derivatives.html#more

Grefer commented 4 years ago

Exchanges set specific prices and standardize contracts. They do not negotiate prices bilaterally. Price negotiation through a bilateral process is a feature of the OTC derivatives market.