Data from Covid liquidity programmes could improve markets – BoC study
Anonymising and aggregating information would assist with price discovery, argues research
The economic programmes introduced in Canada in response to the Covid pandemic could serve as important sources of information on the financial markets, according to new research from the central bank.
The paper, which was last updated on March 3, says that in addition to acting as a backstop to market prices, the programmes produce useful trading data. “When summary information from this data is shared publicly, it can help market participants understand current conditions and aid the recovery
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