Tag Archives: European

The European Financial Transaction Tax and the Repo Market

By Todd Zerega and Tom Watterson Certain European Union ("EU") countries have proposed a financial transaction tax ("FTT") which could cause severe harm to segments of the repo market. The FTT would impose a 10 basis point fee on every transaction involving equity or fixed income securities, including repos and derivatives. However, the fee would … Continue Reading

“Mitigating Collateral Damage: Current Themes in Managing and Mitigating Counterparty Credit Risk for OTC Derivatives”: A BNY Mellon InteDelta 2011 White Paper

On January 24th, BNY Mellon and InteDelta issued a white paper entitled, “Mitigating Collateral Damage: Current Themes in Managing and Mitigating Counterparty Credit Risk for OTC Derivatives”  The publication can be accessed by clicking here. In the white paper, BNY Mellon and InteDelta discuss the results of their survey of a number of U.S. and European asset … Continue Reading
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