FT article on repo market “Big Investors replace banks in $4.2tn repo market” — the data doesn't make sense
OTC Derivatives Market Notional Tops $700 trillion. But Gross Credit Exposure — the number to watch — drops to $3 trillion.
NY Fed Governor Dudley on the Reverse Repo facility: a good tool to manage short rates but not without its risks
A look at the new ISDA Margin Survey: cash vs. securities and who is doing the collateral optimization
“Matching Collateral Supply and Financing Demands in Dealer Banks” in the NY Fed’s Economic Policy Review. They really don’t like repo netting.
Tri-party equity repo jumps up 40% yoy as repo desks shift to more volatile collateral in search of P&L. But will the Fed look kindly?
The Liberty Street Economics Blog takes a look at the funding crisis of 1763. Is it déjà vu all over again?
“The roots of shadow banking” by Enrico Perotti: placing the blame for market collapse on repo's safe harbor provisions.
A paper from the Peterson Institute for International Economics argues to set IOER and RRP at the same rates. It make a lot of sense.
The Bank of England announces details of the Indexed Long-Term Repo facility. Is this a more evolved version of the LTRO?
New York Portfolio Clearing to be consolidated into ICE Clear Europe…Is there more to it than cost savings?
Zoltan Pozsar: "Shadow banking and the global financial ecosystem". A thoughtful new take on shadow banking.
