“Matching Collateral Supply and Financing Demands in Dealer Banks” in the NY Fed’s Economic Policy Review. They really don’t like repo netting.
“The roots of shadow banking” by Enrico Perotti: placing the blame for market collapse on repo's safe harbor provisions.
New York Portfolio Clearing to be consolidated into ICE Clear Europe…Is there more to it than cost savings?
Zoltan Pozsar: "Shadow banking and the global financial ecosystem". A thoughtful new take on shadow banking.
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
The CFTC and liquidity rules for DCOs: do they need committed repo facilities for their US Treasuries?
ICMA's 25th Repo Survey is released, showing market growth. But the really interesting part is about Italian banks and CCPs.
Bloomberg sues the CFTC over IM rules on swap futures. Will IM preferences in swap futures disadvantage SEFs?
BCBS and IOSCO clarify non-cleared derivatives margin rules and allow broader collateral eligibility – the cake is almost baked