The firm, which aims to empower clients with enhanced pricing through aggregated volume and trading opportunities, joins as the first ‘approved broker’ of its kind in the programme
This builds on the Commonwealth Bank of Australia’s previous engagement with RepoClear after joining as the first Australian member of RepoClear at LCH
The initiative builds on the existing agreement between both firms, under which Iberclear already facilitates the settlement of Spanish, French, and German government bond trades
The framework enables central banks in jurisdictions outside the euro area to address risks of euro liquidity shortages swiftly to make the facility more flexible and broader
As part of its latest measures to expand product and service diversity under the ASPIRe Roadmap, the SFC is enabling virtual asset brokers to offer virtual asset financing to their securities margin clients
The lab will support collaborative, exploratory work focused on how synchronised payments through the Bank of England’s Real-Time Gross Settlement (RTGS) service could support the future evolution of wholesale market infrastructure