The dealer-to-dealer electronic trading platform for fixed income markets says its European repo business, including sterling and euro transactions, produced two record-breaking months in a row in February and March
The new P2P repo marketplace is accessible to non-financial corporates, asset owners, pension plans, regulated funds, insurance firms, and hedge funds, regardless of whether they are State Street custody clients
The Deutsche Boerse subsidiaries aim to tackle the 鈥渟ubstantial balance sheet consumption from repo trading鈥 that continues to constrain banks and broker-dealers and limits their ability to provide liquidity
The Bank of Canada is changing the terms of its securities repo operations to to increase the availability of its holdings of Government of Canada securities
鈥淎s an open-access clearinghouse, an important part of LCH鈥檚 role is to support our members鈥 settlement strategies whilst allowing them to benefit from RepoClear鈥檚 deep and diverse netting pool," says LCH's Poilvet-Clediere
The ICMA ERCC has publish its findings on the European repo market for at the end of 2020, revealing some participants had feared a year-end similar to that of 2016