--- title: "Fed's Logan: Voluntary Central Clearing Would Aid Fed Open-Market Operations" type: "News" locale: "en" url: "https://longbridge.com/en/news/292229568.md" description: "Dallas Fed President Logan stated that conducting open-market operations through a voluntary central clearing mechanism could enhance operational efficiency and effectiveness, thereby strengthening the resilience of financial markets. She also emphasized the need for prudent management of market leverage levels to balance the interplay among returns, risks, and liquidity" datetime: "2026-07-09T17:48:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292229568.md) - [en](https://longbridge.com/en/news/292229568.md) - [zh-HK](https://longbridge.com/zh-HK/news/292229568.md) generator: "portal-rs" --- # Fed's Logan: Voluntary Central Clearing Would Aid Fed Open-Market Operations Lorie Logan, President of the Federal Reserve Bank of Dallas and an FOMC voter in 2026, stated that conducting open-market operations through a voluntary central clearing mechanism could bring benefits to the financial system. Speaking at a conference on market liquidity hosted by the Federal Reserve Bank of New York, Logan said that if the Federal Open Market Committee (FOMC) were to conduct open-market operations via central clearing on a voluntary basis, it would “be able to make its open-market operations more efficient and effective, and help enhance the overall resilience of U.S. financial markets.” Logan also noted that leverage levels in the market need to be managed prudently. “Maintaining strong and efficient financial markets requires market participants and the official sector to strike an appropriate balance between the benefits and risks of leveraging, as well as the interaction between leverage and market liquidity.” ## Related News & Research - [Fed Officials Proceed Cautiously Ahead of September FOMC Meeting, Jackson Hole](https://longbridge.com/en/news/296527377.md) - [Haviland Enviro appoints Jacqueline Logan to board of directors](https://longbridge.com/en/news/296631456.md) - [Simcere Pharmaceutical launches open-market share buyback of up to RMB 1 billion](https://longbridge.com/en/news/296508867.md) - [Fed July Minutes: If Inflation Doesn't Fall, Rate Hikes May Be Needed](https://longbridge.com/en/news/296388855.md) - [S&P Futures Steady as Bonds Stabilize After Selloff, FOMC Minutes on Tap](https://longbridge.com/en/news/296342083.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**