Fed's Tarullo sees few signs of illiquidity in OTC markets

Fed governor says markets are in transition

tarullo
Tarullo wants to see more evidence of liquidity problems before taking action

A top Federal Reserve official has dismissed claims that liquidity is evaporating in over-the-counter derivatives markets.

Daniel Tarullo, a member of the Board of Governors of the Federal Reserve System, said he does not see a problem with illiquidity in swaps and fixed-income markets.

"You don't see much evidence in spreads of big changes or illiquidity," Tarullo said at an Institute of International Finance conference in New York earlier today (June 4).

However, Tarullo did acknowledge that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.