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ECB, ESCB and the Eurosystem

According to the Treaties, the ECB’s main responsibilities include conducting monetary policy for the euro area. In addition, the SSM Regulation conferred certain supervisory functions for credit institutions on the ECB as of November 2014. The Council consists...

What Is the Over-the-Counter OTC Market?

Banks, post offices, shipping services, stock markets and all the other over-the-counter markets like bond markets will be closed on Thursday. And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of...