A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
This milestone demonstrates the expansion of BNY’s intraday repo capabilities beyond the US dollar, enabling new opportunities for liquidity optimisation
The enhancement will allow LCH RepoClear clearing members to settle Dutch debt instruments within Clearstream’s fully harmonised, cross‑border post‑trade environment
Both firms have commenced activity with a global agency repo service, including agency trading, to support LME’s cash reinvestment activity and enhance LME Clear’s portfolio liquidity management
The rise in average daily trade volumes reflects continued institutional adoption of tokenised real asset settlement at scale and the growing role of distributed ledger technology, the firm says