My Year in Venice, Part 7: Things You MUST Do and See

By Georgia Nicklin, BSc Finance and Management with the University of Venice at the ICMA Centre, Henley Business School. 1) Along with the Aperol Spritz, the Bellini is very popular among the locals and actually originates from Venice. It is also a must to try! It’s a cocktail made up of peaches and Prosecco and…

My Year in Venice, Part 6: The Best Bits!

By Georgia Nicklin, BSc Finance and Management with the University of Venice at the ICMA Centre, Henley Business School. The best part of my experience was the fact that I was waking up in the centre of a beautiful city everyday. It was amazing that I could just go on a walk with amazing surroundings…

My Year in Venice, Part 5: Travel

By Georgia Nicklin, BSc Finance and Management with the University of Venice at the ICMA Centre, Henley Business School. As I’ve mentioned before, I chose to get around Venice everyday by foot. This was the cheapest form of travel and I was able to admire the views and discover new places too! A lot of…

My Year in Venice, Part 4: Ca’ Foscari

By Georgia Nicklin, BSc Finance and Management with the University of Venice at the ICMA Centre, Henley Business School. Whilst a lot of students at Ca’ Foscari have their lectures spread around the city, the Economics and Management students have their very own campus to themselves called ‘San Giobbe’. The campus is at the very…

My Year in Venice, Part 3: Student Life

By Georgia Nicklin, BSc Finance and Management with the University of Venice at the ICMA Centre, Henley Business School. Student life is very different in Venice compared to Reading. The major differences to consider are: where to do your supermarket shopping and how much you should budget, what to eat, where to socialise, and getting…

My Year in Venice, Part 2: Accommodation & Language

By Georgia Nicklin, BSc Finance and Management with the University of Venice at the ICMA Centre, Henley Business School. For the duration of my stay in Venice, I decided to live in a student residence called ESU Venezia.

My Year in Venice, Part 1

By Georgia Nicklin, BSc Finance and Management with the University of Venice at the ICMA Centre, Henley Business School. Georgia is a student at the ICMA Centre studying BSc Finance and Management. The degree is a unique three year experience, where students spend their second year at Ca’ Foscari, University of Venice. As the first…

Careless talk on Bank Undeground

Last year, the Bank of England took a leaf out of the FRBNY’s book and launched a blog site for its analysts. The site is called Bank Underground. Notwithstanding this attempt to sound a big edgy and an unfortunate tendency towards silly titles (eg “Izzy Whissy let’s get Vizzy”), there’s good stuff here. But there…

Mapping the European Repo Market

The European interdealer repo market can be usefully mapped at three levels of activity: trading — the negotiation and execution of transactions; clearing — the netting by counterparties of (1) opposite obligations to deliver the same security (same ISIN) to each other on the same day and (2) opposite obligations to pay cash in the…

Repo, re-use and re-hypothecation

In the regulatory debate about shadow banking, and in particular repo, there has been much confusion about the legal terminology of collateral, some of it threatening to have substantive policy consequences. This blog is a basic primer on the difference between ‘re-use’ and ‘re-hypothecation’ of collateral. Outside the US, a repo works by means of…

How good a picture can Euro GC Pooling provide of the interbank euro GC repo market?

An interesting academic paper has recently suggested that Eurex Repo’s Euro GC Pooling (EGCP) system ‘allows us to comprehensively investigate the bilateral CCP-based part of the interbank segment of the euro GC repo market’ and makes it possible to ‘accurately document and analyse developments in the bilateral CCP-based interbank repo market’.[1] This is of topical…