Winner of Financial Analysts Journal Graham and Dodd Awards of Excellence, Scroll Award 2019.
This article compares the efficacy of three common transaction-cost-mitigation techniques:…
We investigate whether margin calls on derivative counterparties could exceed their available liquid assets and, by preventing immediate payment of the calls, spread such liquidity shortfalls through…
This paper by Grant Thornton reviews the current state of firms’ architecture and poses two critical questions: (i) What does capital markets architecture of the future look like? (ii) How can it be…
