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
Overall, the Deutsche Boerse-owned marketplace for secured funding and financing, saw term-adjusted volumes grow by 10 percent year-on-year, despite a drop-off in December
Repo average daily volume was $304.5 billion, representing a 50.4 per cent uptick for the final month of last year, compared to the same period in 2019, according to Tradeweb
The Italian Banking Association is experimenting with how a digital euro could be utilised by central banks to improve efficiency in repo markets and other activities