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.
IOSCO builds new measurements for hedge fund leverage; this is a work in progress but shows good forward momentum
The FSB announces the 2nd phase of their study on securities financing; this time its all about haircuts
What will be the fate of risk assets if they are excluded from repo CCPs and tri-party fire sale solutions?
The CFTC and liquidity rules for DCOs: do they need committed repo facilities for their US Treasuries?
Why gross up exposures for fully collateralized transactions? The ICMA and ISLA respond to new Leverage Ratio proposals.
ICMA's 25th Repo Survey is released, showing market growth. But the really interesting part is about Italian banks and CCPs.
NY Fed Liberty Street Economics post on repo haircuts and fire sales: we think they may have missed some stuff