been a significant decline in the interconnectedness in the pledged collateral market between banks and non-banks. We find … that both the collateral and its associated velocity are not rebounding as of end-2011 and still about $4-5 trillion lower …

This paper highlights the changing collateral landscape and how it may shape the global demand/supply for collateral …. We first identify the key collateral pools (relative to the "old" collateral space) and associated collateral velocities … banks are significantly altering the collateral space. Moreover, regulatory demands stemming from Basel III, Dodd Frank …

Financial lubrication in markets is indifferent to margin posting via money or collateral; the relative price(s) of … money and collateral matter. Some central banks are now a major player in the collateral markets. Analogous to a coiled … spring, the larger the quantitative easing(QE) efforts, the longer the central banks will impact the collateral market and …

that allows collateral posted by, say, a hedge fund to its prime broker to be used again as collateral by that prime broker … rehypothecation (and the associated re-use of collateral) in the recent crisis indicates that the collapse in non-bank funding to … provide estimates from the hedge fund industry for the “churning” factor or re-use of collateral. From a policy angle …

In global financial centers, short-term market rates are effectively determined in the pledged collateral market, where … banks and other financial institutions exchange collateral (such as bonds and equities) for money. Furthermore, the use of … long-dated securities as collateral for short tenors-or example, in securities-lending and repo markets, and prime …

Transactions on wholesale capital markets are often secured by marketable collateral. However, collateral needs balance … may have the effect of impeding collateral flows. This may have important consequences for monetary policy transmission …-brokerage markets as suppliers of collateral. It highlights the incentives created by new regulations for different suppliers of …