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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
10 / 2733 |
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In recent years the more intense competition, also due to the introduction of the euro, has accelerated the process of reshaping market infrastructure and has involved trading, clearing and settlement stages. The different components of the financial marketplaces have developed new services and slimmer ownership structures...
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Strong synergies, the need to lower costs and the drive to strengthen the position of the main management companies have spurred integration between the trading circuits and the settlement systems.
The euro covered bond market, an example for on-balance sheet securitization, has witnessed interesting developments over recent years...
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