FSB: Greater transparency, all-to-all trading and clearing could reduce rates markets dislocation
A paper by the Financial Stability Board (FSB), which coordinates international regulatory efforts to promote effective policies, has reported that dealer blame uncertainty over...
Office of Financial Research: Treasury basis trades could pose systemic risk
A new paper from the Office of Financial Research (OFR) has cast doubt on the idea that basis trades increased the lack of liquidity...
Bond platforms report record trading volumes for March
The March 2020 numbers are in for bond trading platforms MarketAxess and Tradeweb and both have seen record results, in a period that has...
Repurchase disagreements
A calamitous year-end in 2016 has put the broken repo market firmly in the spotlight. Lynn Strongin Dodds reports.
December 2016 saw Europe’s repurchase agreement...
Europe’s pension fund managers face rising margin costs as EU clearing exemption deadline looms
European pension fund managers are facing rising margin costs thanks to the increased cost of financing additional collateral payments just as the EU’s clearing...
Bank of England: Basel III regulation hurts repo for smaller asset managers
By Shobha Prabhu Naik.
A working paper written by Antonis Kotidis and Neeltje van Horen, staff for the Bank of England, has identified that the...
Repo ripe for evolution
The broken mechanics of the repo market have been exposed creating demand for change says Roberto Verrillo, Head of Strategy and Markets at Elixium.
“Those...
Broadridge launches new repo solution
By Flora McFarlane.
New York-based Broadridge Financial Solutions has launched its Repo Order Quote (ROQ) system. The multi-market aggregation and execution tool for repo markets...
Tradeweb reports US$18.5 trillion traded in September
Market operator Tradeweb has reported a total trading volume for September of US$18.5 trillion, with an average daily volume (ADV) for the month of...
New BrokerTec RFQ platform for European repo
By Pia Hecher.
Dealer-to-dealer electronic trading platform BrokerTec is preparing to launch BrokerTec Quote, a dealer-to-client request for quote (RFQ) trading system for the European...