The next proposed US rules: adjusting the denominator of the Leverage Ratio (Finadium subscribers only)
The Net Stable Funding Ratio (NSFR) and repo market liquidity: A Basel accident or an effort at extreme risk mitigation?
Trends from emerging vendors in securities finance and collateral management (Finadium subscribers only)
“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.
New York Portfolio Clearing to be consolidated into ICE Clear Europe…Is there more to it than cost savings?