We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Developments in the global securities lending market.
- Authors
Dive, Matthew; Hodge, Ronan; Jones, Catrin; Purchase, James
- Abstract
Securities lending plays an important role in supporting financial markets. For example, it can improve market liquidity, potentially reducing the cost of trading and increasing market efficiency. But by increasing the interconnections between institutions it can pose potential risks to financial stability, which are exacerbated by a Lack of transparency in the securities Lending market. Since the onset of the financial crisis, market participants have attempted to address some of these risks, and fundamental changes to market infrastructure are being discussed, such as the use of central counterparties. New regulations under way to improve the resilience of the financial system may also impact both the risks to financial stability from securities Lending and its benefits.
- Subjects
FINANCIAL markets; LIQUIDITY (Economics); FINANCIAL crises; BONDS (Finance); LOANS
- Publication
Bank of England Quarterly Bulletin, 2011, Vol 51, Issue 3, p224
- ISSN
0005-5166
- Publication type
Article