Tuesday news roundup: modeling risk assets, illiquid collateral, EU money markets and CCP transparency
This edition of News Roundup covers some important issues in securities finance and regulation, including how banks model risk assets, posting illiquid collateral for bilateral trades, the ECB’s money market…Read More
Evidence on whether the collateral transformation trade is slowly grinding to life (Finadium subscribers only)
Some recent news and comments point to indications of how far the collateral transformation trade has moved forward, and what look to be its prospects over the next year. Continue…Read More
The Bank of England may have gotten into the collateral transformation business…will the Fed follow?
Several news sources reported on last week’s speech by Mark Carney, the former Canadian central banker, now head of the Bank of England. Governor Carney spoke at a function celebrating…Read More
ICMA's 25th Repo Survey is released, showing market growth. But the really interesting part is about Italian banks and CCPs.
ICMA has released their 25th European Repo Survey, reflecting the market as of June 2013. It shows a larger market, driven by LTRO repayments and greater confidence. But it foreshadows…Read More
An article in Bloomberg “Repo Market Decline Raises Alarm as Regulation Strains Debt” by Liz Capo McCormick & Anchalee Worrachate featured some interesting observations about how the regulatory environment is reducing liquidity.…Read More
Benoît Cœuré, Member of the Executive Board of the ECB, gave an interesting speech late last month at a Euromoney “The Global Borrowers & Investors Forum 2013“ Conference. Much of…Read More
We review several new surveys and data points that suggest improving market conditions through the rest of Q2 2013. Continue readingRead More