The Bank of England on procyclicality: no great solutions

The Bank of England on procyclicality: no great solutions

The procyclicality and margin debate is one of those topics that reads like a damned if you do, damned if you don’t. Earlier this month the Bank of England published an interesting paper “An investigation into the procyclicality of risk-based initial margin models” (Financial Stability Paper No. 29 – May 2014) by David Murphy, Michalis Vasios and Nick Vause. We have some thoughts.

Please to view this content. (Not a member? Subscribe Today!)

Related Posts

Previous Post
Corporate bond liquidity and new trading venues: will it matter?
Next Post
Lessons from a Harvard professor on new IT in securities finance (Finadium subscribers only)

Related Posts

No results found.

You do not have permission to view the comments.

Please Login to post a comment

Menu
X

Reset Password

Create an Account