This Week's Top Stories

March 19 2020
Extraordinary times call for extraordinary measures, and lately, the world’s exchanges have seen extreme measures indeed, intended to shore up stock prices and maintain order. Closing exchanges, short selling bans and circuit breakers are all meant to prevent excess volatility, usually on the short side. Not everything works as planned however.
 
March 18 2020
A global dollar liquidity crisis is the boogeyman in the closet of global systemic risk concerns. As the coronavirus exposes cracks in the system, we look at reporting and data on US repo, one leg of the stool (along with unsecured funding and FX swaps), to see how much cause there is for concern at this time.