Who should be counterparties to central banks? (Premium)

Central banks have shown two models for interacting with counterparties. In the Federal Reserve’s primary dealer system, there are a limited number of participants. On the other hand, the European Central Bank interacts directly with a wide range of counterparties that can include non-banks. Is one model better than the other for managing transmission of central bank policies?
This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..

Related Posts

Previous Post
Fortune: Vantiv and Worldpay just agreed to terms for their $10 billion merger
Next Post
Would a blockchain short locate system make Reg SHO obsolete?

Fill out this field
Fill out this field
Please enter a valid email address.

X

Reset password

Create an account