Repo

The OFR/FSOC conference: micro efforts to solve macro issues

UBS and HSBC repo trade shows importance of collateral optimization

"The Big Picture" on connecting Repo and the Fiscal Cliff

Pro-cyclicality: ISDA and the FSB use the same term but want very different things

ISDA on Initial Margin for Non-Cleared Swaps – great analysis but not the most sellable conclusion

Some thoughts on the FSB mandating repo haircuts

Can governments really master securities lending and repo data collection and analysis? A response to the FSB proposal

FSB publishes recommendations on seclending and repo

The Fed and the ECB talk about fire sales and repo

The Collateral Initiatives Coordination Forum releases a paper "Collateral Fluidity"

Banks look for a Euribor and LIBOR alternative: our take on the latest developments

CAPCO on trade repositories: full of unintended consequences

The FDIC’s Transaction Account Guarantee (TAG) is scheduled to expire at the end of the year. Where will the money go?

To LIBOR or Not to LIBOR: the Wheatley Review's take on LIBOR alternatives

The IMF on the cost of regulations: its not as bad as you think

We think BNYM has 78% of the US tri-party repo market; JPM has 22%

CFTC Chair Gary Gensler's speech to European Parliament – hinting at repo indices again as a benchmark

ECB to set up Repo Database: devil will be in the details

"Puts in the Shadow", a new paper by Manmohan Singh is worth a read

Liberty Street Economics Blog on bilateral and tri-party repo haircut differences: they can't explain it. We can.

Do government SIFI liquidation programs make bank or CCP counterparties safer?

Single Stock Futures and Repo Futures volumes are up – is this a sign of broad acceptance?

Collateral, collateral transformation and CCPs: a close look at the crazy numbers

Bloomberg article on collateral transformation: more questions than answers

Finadium Conference on October 30 in NYC: updated agenda and registration

Lord Turner and the FSA on Shadow Banking: Its Not Pretty

EC Consultation Paper on LIBOR: smarter than we thought it would be

Thursday’s News: Fed and ECB actions impacting the securities finance markets

A new Liberty Street Economics blog post looks at the PDCF

Reuters: BrokerTec, MTS to launch euro zone repo index series

Tuesday roundup: repo index transparency, FSA on LIBOR, ESMA on seclending fees, RMA conference

Finadium: Repo Indices, OIS and Other Alternatives to LIBOR

The new ICMA European Repo Market Survey has been released. We look at some of the numbers.

US Treasury Borrowing Advisory Committee, in an about face, throws support to GCF Repo Indices as benchmark for UST Floaters

US Tri-Party Repo Reform: "Everyday you are still rolling the dice"

Fitch publishes “Repos: A Deep Dive in the Collateral Pool”, an update to the tri-party repo market for less liquid collateral

The US Office of Financial Research expects to have 275 employees by 2015

Analysis: ESMA's securities lending guidelines for ETFs

Three highlights for securities finance from the 2012 US Office of Financial Research Annual Report

Data Explorers on corporate bond borrowing: demand is up

Singh and Stella on the velocity of collateral: banks just don't trust each other. We think there is more to it.

Aftershocks of the LIBOR scandal, including market movements on alternatives

The demise of LIBOR: the pricing scandal is only part of the problem

Liberty Street Economics blog post: the US repo market is a lot smaller than we thought

Finadium: Impact of Moody's Downgrades on Securities Lending, Repo and Collateral Management

OCC comes out with rules on legal lending limits; includes repo, sec lending and derivatives

Fitch: Collateral Transformation Drives Central Clearing Risks

Fed Governor Tarullo Beats the Drum on Shadow Banking: We Break Down his Speech for Clues on Future Regulatory Action

Disagreeing with Duffie: central US tri-party clearing utility not the right choice right now

Shadow Banking not that Shadowy, says Cantor