Posts by Josh Galper

Analysis of the Fed’s decision to exempt US Treasuries from the Supplementary Leverage Ratio

Forecasting a great central bank debt eradication program

The Euro project is also under attack from COVID-19 (Premium)

Six charts you should see this week (Premium)

Initial securities lending impacts from the coronavirus (Premium)

What’s illiquid? Tracking the credit crunch impact on money market funds

Coronavirus puts another dent in dollar’s role as reserve currency (Premium)

Closing exchanges, short selling bans and circuit breakers: what works and why (Premium)

Tracking US repo stress as part of dollar funding demand (Premium)

Decoding the ECB’s policy moves to combat coronavirus impacts (Premium)

Federal Reserve cuts rates and six central banks thunder in with dollar liquidity

Central banks can’t solve the coronavirus but are succeeding in a key area

Finadium: Best Practices in Risk Management for Securities Finance

Competitive analysis of the top securities borrowers from US mutual funds and ETFs (Premium)

Is US repo heading for trouble? Here’s the story in five charts (Premium)

Finadium updates: new mutual fund seclending data, SOFR Averages, events and review of market predictions

Coronavirus: US funding news update

Global force majeure creep into the collateral world (Premium)

Have we hit a tipping point of buy-side firms taking responsibility for their own collateral? (Premium)

Central banks and the danger of a lasting global recession from the coronavirus (Premium)

Benchmarking cash collateral management fees in US securities lending (Premium)

Why Financial Transaction Taxes grab headlines but are not fit for purpose

Securities finance impacts from Japan’s recession, buy-side mergers and UMR collateral demand (Premium)

Open market operations, QE or the discount window, it’s still large-scale Fed repo liquidity provision

European primary dealer decline and the problem of negative EU interest rates (Premium)

Global repo news: Sweden’s Riksbank goes positive, the Fed wants out and China keeps liquidity going

Finadium: Leveraged Funds and Prime Brokerage Relationships: Evidence from a New Database

The BNPP/Deutsche Bank combined prime broker: client relationships and market ranking (Premium)

Would we leave AWS for a Goldman Sachs financial cloud? Well… yes. (Premium)

Finadium Investors in Securities Lending (FISL) 2020 NYC agenda now live

Higher swaps margin costs + lower RWA for CCPs = more securities finance volumes (Premium)

Client training on Finadium’s securities lending, repo and hedge fund databases

Finadium Big Ideas Quarterly Q1 2020 now online

Tradeweb reports repo trading ADV up 36.5% in January 2020, to record ADV of $234 billion

Early results show securities lending fee splits decline for 55% of ’40 Act funds (Premium)

Finadium in Amsterdam: ESG for Capital Markets, 31 March

New Investment Analytics teams are gathering securities finance data for portfolio construction and audit

Review of proposals to prevent CSDR’s mandatory buy-in regime from damaging liquidity (Premium)

Central banks consider new growth tools amid coronavirus worries

Money fund volume on sponsored repo leaps in December 2019 (Premium)

Evidence on whether passive funds are disrupting the price discovery mechanism

“Transparency and accountability”: will Fed Governor Randal Quarles’ proposals lead to efficiency or a lack of supervision? (Premium)

Client Training: Finadium’s securities lending, repo and hedge fund databases

Variable €STR volumes make us wonder about other European benchmarks (Premium)

The door opens for an SA-CCR in securities finance

An Intro to Collateralized Transactions for Students and New Professionals

Finadium: Are You Ready for DTCC’s Equity Finance CCP?

SFTR final rules come into focus: a conversation with UnaVista’s Catherine Talks

Problems with US SEC filings on securities lending: the case of BMO Global Asset Management

We size the global collateral markets at $19.8 trillion (Premium)