On Swing Pricing and Systemic Risk Mitigation is popular PDF and ePub book, written by Sheheryar Malik in 2017-07-18, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, On Swing Pricing and Systemic Risk Mitigation can be Read Online from any device for your convenience.
On Swing Pricing and Systemic Risk Mitigation Book PDF Summary
Swing pricing allows a fund manager to transfer to redeeming or subscribing investors the costs associated with their trading activity, thus potentially discouraging large flows. This liquidity management tool, which is already used in major jurisdictions, may also help mitigate systemic risk. Here we develop and apply a methodology to investigate whether swing pricing does in fact help dampen flows out of funds, especially during periods of market stress. Drawing on evidence of first-mover advantage within a group of ‘swinging’ corporate bond funds, we provide policy considerations for enhancing the tool’s effectiveness as a systemic risk mitigant.
Detail Book of On Swing Pricing and Systemic Risk Mitigation PDF
- Author : Sheheryar Malik
- Release : 18 July 2017
- Publisher : International Monetary Fund
- ISBN : 9781484311875
- Genre : Business & Economics
- Total Page : 40 pages
- Language : English
- PDF File Size : 11,7 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book On Swing Pricing and Systemic Risk Mitigation by Sheheryar Malik, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.