The Morning After The Impact on Collateral Supply After a Major Default is popular PDF and ePub book, written by Dermot Turing in 2018-10-31, 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, The Morning After The Impact on Collateral Supply After a Major Default can be Read Online from any device for your convenience.
The Morning After The Impact on Collateral Supply After a Major Default Book PDF Summary
Changes to the regulatory system introduced after the financial crisis include not only mandatory clearing of OTC derivatives at central counterparties and margining of uncleared derivatives, but also prudential measures, including notably a “Liquidity Coverage Ratio” which obliges firms to set aside high-quality liquid assets (HQLA) as a stopgap against anticipated cash outflows. We examine factors which may affect the demand for HQLA in a severely stressed market following a hypothetical default of a major clearing member. Immediately following a major default, the amount of HQLA demanded by the whole market would spike. We estimate the size of the spike and draw conclusions as to whether the depth of the market is adequate to absorb it.
Detail Book of The Morning After The Impact on Collateral Supply After a Major Default PDF
- Author : Dermot Turing
- Release : 31 October 2018
- Publisher : International Monetary Fund
- ISBN : 9781484381922
- Genre : Business & Economics
- Total Page : 26 pages
- Language : English
- PDF File Size : 17,9 Mb
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