Regulatory changes, but firms are also changing their own Risk Management practices in some sense in some cases in a more conservative direction. We have seen an increase in algorithmic and High Frequency trading. That may be leading to changes in market trading practices. In the Corporate Bond market there have been increased reporting requirements that may be reducing the desired sizes of trades. All of these factors could potentially account for whats going on but we have not yet been able to figure out what the contribution of each is or just how serious. The concern is while daytoday and normale time of most measures of liquidity seem to be roughly unchanged, there is a concern in stress situations it may be and weve seen some cases where its less available. In any market you need risk and liquidity, do you not . You dont have a market would you the . We need liquidity in markets. Maybe even highleveraged banks were exposed and providing high liquidity and vulnerable if liquidity
Regulatory changes, but firms are also changing their own Risk Management practices in some sense in some cases in a more conservative direction. We have seen an increase in algogh rhythmic and high algorithmic and high trading practices. In addition, in the Corporate Bond market, there have been increased reporting requirements that may be reducing the desired sizes of trades. And i think all of these factors could potentially account for whats going on but we have not really yet been able to figure out what the contribution of each is. We just have serious i think a concern is while daytoday and normal times most measures of liquidity seem to be roughly unchanged, there is a concern that in stressed situations it may be and we have seen some cases where its less available. Senator shelby in any market, you need risk and you need liquidity, do you not . Chair yellen yes. Senator shelby you dont have a market without it, do you . Chair yellen we do need liquidity in markets. There may
Irrelevant. What is relevant, as the gentleman and i i think both agree, if we dont get to an agreement on a number that is as we did in ryanmurray, we have done this before. We have done this before. My view is we did it because you didnt want to have your members vote on legislation that had numbers that were draconian before the election, but that may be only my personal perspective. But the fact of the matter is, the American People expect us to get their work done. Getting their work done at minimum means funding the government at appropriate levels. And again i have said that mr. Rogers does not believe the see quester. I believe you its the law of the land. I think its wrong. Its bad laufment it was not a law intended to go into effect. It went into effect simply because the supercommittee that was established in that same legislation couldnt come out with a solution. And 13 months the congress couldnt come out with a solution. Therefore on january 1 2014, we were confronted wit
Week ago. Eight crowd. A crowd. Fixing a financial meltdown. Samsung electronics looks to rebuild its reputation with its first new smart phone since the exploding battery scandal. Good morning. Glad you could join us for this edition of Asia Business report. We start with toshiba and shares are down less than 1 toshiba and shares are down less than1 in toshiba and shares are down less than 1 in tokyo trade news overnight that it is us unit westinghouse filed for bankruptcy protection. Investors are waiting as Shareholder Meeting due to start shortly. Toshiba are now warns that the delos mao may widen to over 1 billion us because of the problems of westinghouse. It has twice delayed reporting earnings until april 11. And toshiba shares have lost over 60 since it first acknowledged that the problems in december. The Japanese Firm may now look to sell a Majority Stake in westinghouse. Earlier i spoke to rupert in tokyo. I asked him how ha rd rupert in tokyo. I asked him how hard it will
Polls show that Governor John Kasich may be pulling ahead. Trump made a few other tweaks to his schedule this weekend that seemed designed to tampa down emotions after violent protests a rocket at chicago on friday night, forcing the cancellation of a large rally and resulting in several arrests. Millions of people have rallied across brazil, protesting against corruption and calling for the impeachment of the president. They marched along copacabana, through the center of sao paulo. Brazil is suffering its worst recession in decades and dozens of lawmakers and Business Executives arent embroiled in a corruption investigation. At least 34 people have been killed in an explosion in on ankara. A suspected suicide bomber blew up a car close to the Prime Ministers Office. This comes less than a month after another suicide bomber killed dozens of soldiers in a convoy passing through the city. Qaeda saylinked to al they led an attack on sunday that left at least 22 people dead in the ivory c