This paper analyzes detailed differences in patterns of financial development across the major Asian economies, including three of the region's largest economies (China, Japan and South Korea), to understand how these differences might affect possibilities for greater regional financial...

We investigate execution quality issues in the OTC single-name credit default swap (CDS) market using confidential transactions-level trade repository data. Specifically, we analyze the impact of counterparties' matching and negotiation abilities on the terms of trade of CDS contracts, under...

This contribution critically analyses the recent developments in the relationship between the G20 and the OECD. The OECD has been one of the key economic institutions ever since its establishment. Recently however, its limited membership and the engagement of other international organizations in...

Consider a stock which is simultaneously traded on two venues either because its company cross-lists or because regulations allow multi-trading. We suggest that these venues represent an indirect network. Using trading volume data for nearly 22,000 equities between 2005 and 2009 we compare...

Consider a stock which is simultaneously traded on two or more venues, either because its company is cross-listed or because regulation allows multi-trading. We set the idea that these venues are 'indirectly' connected and represent a network. If the 'importance' of a venue is traditionally...

The EU project is at an inflection point. Intra-EU alliances are altering in light of the UK’s departure, the EU’s financial markets remain segmented, and there is limited appetite for completing the Banking Union. The second stage of the Brexit negotiations also collided with the COVID-19...