2 Based on USD 10 million transaction amount using estimates from the Bloomberg Liquidity Assessment (LQA) function, Jun 2018.
The ongoing process of risk reappraisal and balance sheet adjustment has led to extensive analysis and discussion of a number of pertinent matters: the underlying causes and (proximate) triggers of the market turmoil, the mechanisms responsible for the propagation and amplification of shocks across markets, institutions and borders, the identified weaknesses in the capacity of financial institutions and investors to appropriately assess and adequately manage risks, and, finally, necessary actions of market participants and authorities to address the consequences of the ongoing financial market correction and to strengthen the resilience of the financial system.