This paper presents the first comprehensive examination of liquidity in the global foreign exchange (FX) swap market … main findings: First, FX swap liquidity is fragmented across currencies, tenors, and time. Second, liquidity conditions …

Do competition and incentives offered to designated market makers (DMMs) improve market liquidity? We employ data from … spreads. In particular, market liquidity increases the most for stocks with the largest increase in competition among DMMs …

The relationship between liquidity and bank performance in finance literature remains an unresolved empirical issue …. The main objective of this article was to investigate the relationship between liquidity mismatch index (LMI) initially … relationship employing the liquidity measure that integrates both market liquidity and funding liquidity within a context of asset …

they mitigate credit risk, CCPs create liquidity risks, because they require participants to provide cash. Such … requirements increase with market volatility; consequently, CCP liquidity needs are inherently procyclical. This procyclicality …. Liquidity-focused macroprudential stress tests could help to assess and manage this systemic liquidity risk …

. Moreover, although they mitigate credit risk, CCPs create liquidity risks, because they rely on participants to provide cash …. Such requirements increase with both market volatility and default; consequently, CCP liquidity needs are inherently … financial institutions default. Liquidity-focused macroprudential stress tests could help to assess and manage this systemic …

deficit (=income-expenditure) will endure severe financial difficulties. ■ The share of households facing liquidity risk will … increase as incomes fall by bigger margins and exposure to the shock intensifies. ■ The liquidity risk resulting from COVID-19 … income and net assets, and temporary and daily wage workers. ■ Households at liquidity risk are particularly concentrated in …

Bank's asset fire sales and recourse to central bank credit are modelled with continuous asset liquidity, allowing to … derive the liability structure of a bank. Both asset sales liquidity and the central bank collateral framework are modeled as … between depositors. Fire sale liquidity and the central bank collateral framework determine jointly the ability of the banking …