Posts by Jonathan Cooper

Regulators ask for ISDA to delay derivatives liquidations; is repo next?

The FSB announces the 2nd phase of their study on securities financing; this time its all about haircuts

A look at the impact of a Government default on collateral markets

Mortgage REITs use of repo raising eyebrows at the Fed

The Bank of England may have gotten into the collateral transformation business…will the Fed follow?

The Fed has released their LCR rules with a couple surprises

What will be the fate of risk assets if they are excluded from repo CCPs and tri-party fire sale solutions?

The CFTC and liquidity rules for DCOs: do they need committed repo facilities for their US Treasuries?

Fed Governor Stein has some ideas on how to mitigate fire sale risk

Fed Governor Stein's speech on tri-party repo and fire sales: a primer on why the Fed cares so much

Some data on the Fed's Fixed-Rate, Full-Allotment Overnight Reverse Repos

Equity Repo in Europe suffering from familiar FI problems

Demand for people with collateral management skills: banking's next hot job sector?

ICMA's 25th Repo Survey is released, showing market growth. But the really interesting part is about Italian banks and CCPs.

NY Times on Repo: "After a Financial Flood, Pipes Are Still Broken"

Lessons from Lehman: Collateral Shortages

Lessons from Lehman: Tri-Party Was the Bomb that Never Detonated

Lessons from Lehman: A look at Repo 105

More on the FSB report on securities lending and repo

More thoughts on the Fed Repo facility

Is the EU really thinking about restricting collateral chains? Boy, we hope not….

The Fed Open Market Committee minutes included a discussion of a new repo facility

Bloomberg article on the impact of regulatory reform for the repo market: is it cause and effect?

NY Fed Liberty Street Economics post on repo haircuts and fire sales: we think they may have missed some stuff

The NY Fed Liberty Street Economics Blog on SOMA revenues: as interest rates rise, it is going to be a problem

Liberty Street Economics: The Fed looks at the SOMA portfolio

Soberlook post on capital ratios and repo: do they get all of it right?

Uncleared swaps and higher initial margin; can a margin clearing mechanism reduce the pain?

Deliverable Swap Futures: are they living up to the hope and the hype?

The SEC has chimed in on tri-party liquidation; joins the Fed on this important topic

The ‘‘21st Century Glass-Steagall Act of 2013’’: how will it impact broker/dealer funding?

Davis Polk publishes Basel III Standardized Risk Weights Tool

Banca d’Italia paper looks at factors behind RWA calculations, why they differ so much

BIS paper on regulatory simplicity is well worth the read; hopefully this is a shape of things to come

Benoît Cœuré on why low interest rates set the markets up for systemic fragility

Fixed Income Rout Made Worse by Quarter-End Repo Balance Sheet Pressures and Lack of Bank Prop Desks

The Fed proposes tracking bank Fed Funds, Eurodollar, and CD activity but leaves out repo

Cross-margining and collateral savings for cleared derivatives: will the savings really be there?

Custodian Collateral Reports: Still Some Ways to Go

The Finadium Repo Panel and Networking Event: a look at a couple issues we discussed

ISLA chimes in on the FTT: Lots More Doom and Gloom for Sec Lending and Repo

Tricky business: EU thinks about requiring formal consent to lend out client’s collateral

The WSJ misses the mark with recent article on repo and shadow banking

The CME's Paulhac on cross margining of futures and cleared swaps: big savings but complicated

Hedge funds fill the vacuum in fixed income when banks exit

The NY Fed looks at collateral fire sales and tri-party repo: some good ideas, some well….

More on why looking at derivatives notionals makes for great eye candy but not much else

The FSOC 2013 Annual Report: taking a look at “Fire Sale and Risk Run Vulnerabilities”

Comments on the Fed's Jeremy Stein on the Liquidity Coverage Ratio and Lender of Last Resort: a fascinating speech (Finadium subscribers only)

Fitch’s new paper on repo takes a hard look at tri-party & structured finance paper