Discussion in 'Trading' started by stock777, Aug 9, 2005.
The Treasury Department last week said it was considering setting up a facility to prevent market "fails," or instances in which traders are unable to borrow securities in the market to cover their bets.
"Because of a number of incidents in the past couple of years, that's one of the reasons why the last meeting of the .. Borrowing Advisory Committee did float this idea of a facility that would help ensure liquidity in the event of shortages for a variety of reasons," Quarles said.
Squeeze Protection Team
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