The increase was primarily driven by cross-border credit to non-bank financial institutions (NBFIs), which climbed by $495 billion over the quarter, reaching an annual growth rate of 13.5% – the ...

But at Eurex Clearing, it seems clearing members can also put their thumb on the scale. Last year, when the clearing house proposed adding a 15% operational buffer to its default fund – instead of ...

Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com ...

The bombshell claims were published last month in a paper titled ‘Anonymity, signalling and collusion in limit order books’, ...

New paper argues that repo users might relocate offshore or use other means to avoid US Treasury clearing dragnet ...

In November, UBS Securities reported the lowest targeted residual interest (TRI) – the minimum amount of own funds futures ...

There has long been a cross-Atlantic balance to the government bond versus futures basis trade, with the US version requiring selling futures and the European version doing the opposite. But dealers ...

US money market funds (MMFs) accessed the Fixed Income Clearing Corporation (FICC) to clear a record 33% of their repo investments as of end-2024, the culmination of a pivot in the latter half of the ...

The authors use data from small business bankruptcy at a county level in California to investigate the impact of fintech lending.

US money market funds (MMFs) upped allocations to the US Federal Reserve’s reverse repo programme (RRP) by 125% in December 2024, reinforcing the facility’s role in absorbing excess liquidity despite ...

Trained on the calm waves of last year’s markets, today’s market risk models may be unprepared for the potential storm to come during Donald Trump’s second term as US president, bankers fear. The ...

This study explores the challenges banks in Asia-Pacific face in enhancing operational resilience, and how they plan to ...