Peer review

1 May 2015 By Antony Currie

Traders want to link derivatives to the fledgling peer-to-peer loan market. Such lenders don’t need to reduce balance sheet constraints like banks do, however. A hedging tool may have marginal utility, but the securities will mainly create unnecessary and dangerous speculation.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)