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Google圖書搜尋
The Systemic Nature of Settlement Fails
Rajkamal Iyer
Marco Macchiavelli
出版
SSRN
, 2020
URL
http://books.google.com.hk/books?id=ZbPhzwEACAAJ&hl=&source=gbs_api
註釋
In this note we analyze the systemic nature of settlement fails--the failure to deliver the agreed upon securities--during the 2007-09 period. Large and protracted settlement fails are believed to undermine the liquidity and well-functioning of securities markets, and as a result market groups and policymakers have tried to limit them.
