The Banking and Strategy Initiative

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Tag Archives: Market maker

Market maker JPM bids up Munis, buys into 7-9 yr Curve | Fixed Income Insight

JP Morgan’s Muni team came out with a note admitting the 5 yr munis are optimally priced at a good peak and thus selling into the point would require them … Continue reading

March 12, 2012

Meet the Volckers’ Marathon Pt. VI: How market making is disturbed by the prop trading restrictions

From the fool’s study of quotavble quotes on the mayhem, this superb discussion of the matter from Nobel prize winning Myron Scholes’ : [A] leveraged market-making business is inherently unstable.  … Continue reading

February 16, 2012

Meet the Volcker Rule – Volcker read the other regulators’ | Banking Insight

As of now this is where Paul Volcker has encouraged efforts by the four regulators to implement the limitations of banks to essential services in exchange for access to the … Continue reading

February 14, 2012 · 3 Comments

Market Making vs Proprietary trading!! | Governance Insight

Dodd Frank is still missing the final version of the Volcker rule, all the lobbying and a 173 page comment by SIFMA itself commenting on the improbable monitoring of banks … Continue reading

February 14, 2012 · 1 Comment