Robert Mackenzie Smith
Robert Mackenzie Smith is a New York-based staff writer on the investing desk for Risk.net. His topics of interest include electronic trading, market infrastructure and Tottenham Hotspur Football Club.
He previously worked as a senior reporter at FX Week.
ARRC chair says current liquidity in SOFR derivatives is insufficient to create a term rate
Furnishing Libor’s replacement with a credit-sensitive spread is proving to be a Sisyphean task
Fed’s credit facilities boost confidence as downgrades hit corporate bond indexes
Capital constraints not covered by relief also weigh on balance sheet strategy
Moves to postpone index rebalancings could backfire as rating agencies press ahead with downgrades
MMFs are accepting 0% returns and waiving management fees to avoid ‘breaking the buck’
New York-based volatility fund had close ties to defaulted prop shop Ronin Capital
Intermediation broke down after off-the-run bonds were dumped on banks
Costly compliance effort will be to no avail if CFTC relief expires in June 2021
Probe into possible “abuses” of CFO structure could hit wider investments, experts say
Fears of a cash-crunch hang heavy despite Fed’s repo giveaway and move to term funding