This article reviews developments in financial markets between the 2013 Q3 Quarterly Bulletin and 29 November 2013, drawing on qualitative intelligence gathered by the Bank from across its network of contacts among financial market practitioners. The article also sets out usage of the Bank’s operations since the previous Bulletin. There are also boxes on recently announced changes to the Bank’s approach to providing liquidity insurance to the banking system, progress towards a fully functioning market for additional Tier 1 capital, and a first assessment of the international impact of US rules on trading of standardised over-the-counter derivatives.
Published on
20 December 2013
Markets and operations: September - November 2013