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.

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 ...

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

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

Ascent of bank’s bond trading business comes amid electronification changes in US fixed income market structure ...

Valley National Bank has reduced its commercial real estate loan concentration to its lowest level in nearly nine years, at the cost of severe write-offs and loan sales. In the last quarter of 2024, ...