Brokerage articles and Investment banking and brokerage Guide - Finance Review

Commercial Banks in the Securities Business: A Review
Working paper that analyzes the potential effects of commercial banks' expansion into the securities business.
 
Delivery Versus Payment in Securities Settlement Systems (PDF)
White paper that presents a framework for analyzing the types and sources of risk in securities clearance and settlement.
 
Exchange Rate Regimes and Inflation and Output in Sub-Saharan Countries
Working paper that studies the role of real exchange rates and exchange-rate policies in explaining differences in economic performance.
 
Spread Overreaction in International Bond Markets
Working paper that applies the Campbell-Shiller (1987) methodology to a study of the joint behavior of a three-month and a five-year government yield.
 
Demographic Change in Asia - The Impact on Optimal National Saving, Investment, and the Current Account
Working paper by Serge Besanger, Ross S. Guest and Ian McDonald of the International Monetary Fund Institute.
 
Survey of Disclosures About Trading and Derivatives Activities of Banks and Securities Firms (PDF)
Consists of a survey of the disclosures made in their 1995 accounts by internationally active banks and securities firms. (Adobe Required)
 
OTC Derivatives: Settlement Procedures and Counterparty Risk Management
Working paper outlining existing policies and procedures for documenting, processing and settling over-the-counter transactions. Requires Acrobat Reader.
 
Financial Asset Prices and Monetary Policy: Theory and Evidence
Working paper by Frank Smets.
 
Social Science Research Network (SSRN)
The SSRN is devoted to the rapid worldwide dissemination of social science research and is composed of specialized research networks in each of the social sciences.
 
Supervision of Financial Conglomerates (PDF)
Collection of papers that facilitate the exchange of information between supervisors within their own sectors and between supervisors in different sectors. (Adobe Required)
 
Recommendations for Public Disclosure of Trading and Derivatives Activities of Banks and Securities Firms (PDF)
The document identifies categories of information which, if publicly disclosed, will greatly assist markets and counterparties in undertaking sound risk assessment of financial institutions' trading and derivatives activities. (Adobe Required)
 
The Structure of Debt and Active Equity Investors
Analysis of the role that the buyout specialist plays in post-LBO debt structuring.
 
Center for Research in Security Prices: Working Paper Series
Based at the University of Chicago. Some papers available online.
 
Why Do Firms Switch Underwriters?
Study of the factors that help determine why firms change underwriters in initial public offerings (IPOs).
 
Clearing Arrangements for Exchange Traded Derivatives
Working paper that describes and analyzes clearing arrangements for exchange-traded derivatives in the Group of 10 countries.
 
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