Posts by Josh Galper

DTCC throws hat more fully into the collateral management ring. What happens now? (Finadium subscribers only)

The Top 50 Counterparties Report – a good idea but more work is needed on data quality

ICMA: sharp decline in the European repo market

Wednesday News Roundup: everyone can be a SIFI, the staying power of regulatory arbitrage (Finadium subscribers only)

Finadium: Asia Overview on Securities Finance and Collateral Management

What China's opening could mean for securities finance (Finadium subscribers only)

Will anything change going forward in the Fed’s role as lender of last resort?

Fed Reverse Repo spikes at end-of-quarter: the start of a longer term trend?

Looking for more government repo programs providing cash for banks

Five ways to use or misuse the term "Shadow Banking" (Finadium subscribers only)

Regulatory pendulum starting to favor liquidity instead of Shadow Banking restrictions

Could US CCPs pay 25bps on cash collateral at today’s interest rates? The plot thickens

Updating our data on Prime Custody eligible assets (Finadium subscribers only)

Finadium report: Collateral Segregation Rules and Risk Mitigation in the US and UK

Bloomberg: Fed Reverse Repo Facility showing impact

The Fed’s Tarullo: ideas for making SFTs safer

Correction on our Fed Reverse Repo report

Finadium report: The Federal Reserve, Reverse Repo, Collateral and Benchmarks

What's the right margin for collateral in securities lending? 102%? 105%? 120%? (Finadium subscribers only)

What will be the gating factor in sec finance, the LCR or the Leverage Ratio?

Tuesday news roundup: modeling risk assets, illiquid collateral, EU money markets and CCP transparency

IOSCO builds new measurements for hedge fund leverage; this is a work in progress but shows good forward momentum

Three conditions for pre-trade liquidity and collateral analysis tools hitting the market (Finadium subscribers only)

Finadium’s Big Ideas Quarterly Q4 2013 is now online

Evidence on whether the collateral transformation trade is slowly grinding to life (Finadium subscribers only)

France says European FTT goes too far – no kidding, but thanks for pointing it out

Wait a minute Bloomberg, we didn't say that about Collateralized CP

Finadium report: Collateralized Commercial Paper: Regulatory Arbitrage or Elegant Solution?

Eurex interview with Finadium: “Market participants are most concerned about netting of counterparty exposures”

White paper argues up to 97% savings from using a securities lending CCP, but best to look a little closer before repeating those figures

Finadium in NYC: EquiLend University and Understanding Securities Lending Trainings – Nov 14

Tuesday news roundup: SunGard+Pirum; the mechanics of a US default, mutual funds cry foul at US Office of Financial Research

Securities lending CCPs PowerPoint overview (Finadium subscribers only)

The US debt uncertainty starts to affect repo, and we are getting concerned

Where will all that required CCP and resolution authority liquidity actually come from?

Finadium collateral management trainings in Hong Kong and Singapore

Why gross up exposures for fully collateralized transactions? The ICMA and ISLA respond to new Leverage Ratio proposals.

Notes and presentation from Finadium's London repo event (Finadium subscribers only)

Are brokers actually better off separate from banks?

All roads lead to grossing up of repo exposures, so far

Finadium report: Cost/Benefit Analysis Roadmap for Securities Lending CCPs

Wednesday news roundup: capital shortages; indemnification and agent lender competition; Asian hedge funds and collateral management

Which prime brokers are making the most money in securities lending? (Finadium subscribers only)

Finadium report: Fully Paid Lending at US Broker-Dealers

Register now: Finadium's London repo event Sept 26

Why T2S is a good deal for liquidity management

Final Basel rules on margin for non-cleared derivatives, with clarification on rehypothecation

Our analysis of the FSB’s securities lending and repo policy framework

Thursday news roundup: securities lending lawsuits, FSB on seclending CCPs, the Fed, securitization

Some data on Shadow Banking today (Finadium subscribers only)