Capital Markets Advisors

Check out this article! https://www.wsj.com/articles/quarles-says-fed-should-consider-publishing-average-financing-rate-alongside-libor-replacement-1532006688?mod=searchresults&page=1&pos=4  

Click the link below to watch a TabbForum video featuring George Bollenbacher, Partner at Capital Markets Advisors, discuss with Larry Tabb the conflicting principles between GDPR and the ideals of blockchain’s distributed network. https://tabbforum.com/videos/blockchain-and-gdprs-collision-course

With all the regulatory upheaval in the recent past, present, and near future, the last thing the markets need is another fundamental change in the rules of the game, but that’s exactly what we have in the projected retirement of some (but not all) of the various interbank offered rates (IBORs) by the end of… Read More »

Even the rollbacks of unpopular rules can have unintended consequences, particularly as they bump up against other rules in the process of being formulated. Such is the case between the proposed revisions to the Volcker Rule and the often-delayed Fundamental Review of the Trading Book. George Bollenbacher examines the implications. Click here for the full… Read More »

A case making its way through the Second District Court of New York may turn the CDS market, and its participants, on their respective ears. The function, and the form, of the CDS going forward are likely to change as a result.   http://tabbforum.com/opinions/the-future-of-the-cds-market-insurable-interest-and-the-gso-slash-hovnanian-quagmire

What has become clear is that almost nothing is clear about how fees and rebates impact both execution decision-making and execution quality, so the SEC’s social experiment is a worthwhile effort. We just need to make sure that it yields the most reliable results possible. In that regard, we should understand the many risks and… Read More »