Hohmann, Dr. Ralf

Securities lending and repos are key instruments on the German financial markets. They support trading on the spot markets and make transactions on the futures markets possible in the first place. In 2008, however, they were considered the cause and accelerator of the financial crisis and some were banned. Wrongly so, as it turned out in hindsight. Rather, it is advisable to examine these instruments and use them to advantage depending on the strategy. This thesis is intended to present...