Liquidity: Liquidity in deficit, FIs and companies turn to market repos for cash

Liquidity: Liquidity in deficit, FIs and companies turn to market repos for cash

Mumbai: The use of market repurchase (repo) transactions as a funding instrument for banks, mutual funds and other corporates has climbed to an all-time high as deficit liquidity in the banking system persists at elevated levels pushing up borrowing costs across the economy. A market repo transaction is used to raise short-term funds with securities … Read more

What investors need to know about single-stock ETFs

What investors need to know about single-stock ETFs

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters More than a year after single-stock exchange-traded funds hit the U.S. market, risk-seeking investors continue to dive in. Single-stock ETFs were first introduced in Europe in 2018. There are now nearly four dozen single-stock ETFs in the U.S., many of … Read more