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 ...

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) 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 ...

Post-trade technology firm Osttra has confirmed that it is developing middleware services for US Treasury repo clearing, with ...

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 ...

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 ...

The shake-em-up economic policies trailed by new US president and so-called “disruptor-in-chief” Donald Trump have left ...

In the run-up to Trump’s inauguration, threats of heavy tariffs on imports from China, Canada, Europe and Mexico led to a ...

A new entrant to the market for clearing cash and repo US Treasuries trades could offer a lifeline for buy-side firms looking ...

Six US regional banks readying for the reinclusion of accumulated other comprehensive income (AOCI) into capital requirements ...