A look at the new ISDA Margin Survey: cash vs. securities and who is doing the collateral optimization
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
Three conditions for pre-trade liquidity and collateral analysis tools hitting the market (Finadium subscribers only)
Evidence on whether the collateral transformation trade is slowly grinding to life (Finadium subscribers only)
The CFTC and liquidity rules for DCOs: do they need committed repo facilities for their US Treasuries?
The NY Fed Liberty Street Economics Blog on SOMA revenues: as interest rates rise, it is going to be a problem
Comments on the Fed's Jeremy Stein on the Liquidity Coverage Ratio and Lender of Last Resort: a fascinating speech (Finadium subscribers only)
BCBS and IOSCO clarify non-cleared derivatives margin rules and allow broader collateral eligibility – the cake is almost baked
The FDIC’s Transaction Account Guarantee (TAG) is scheduled to expire at the end of the year. Where will the money go?
Liberty Street Economics Blog on bilateral and tri-party repo haircut differences: they can't explain it. We can.
Fed's LSE blog chimes in on why not to lower Interest on Excess Reserves rate; we think they miss the point
Singh and Stella on the velocity of collateral: banks just don't trust each other. We think there is more to it.