The front-to-back swap solution, Plexus, is designed to optimise decision-making, cost and operational efficiency, while enhancing price discovery, liquidity and lifecycle management
The report notes “modest growth” in the outstanding value of the ex-Japan APAC repo market but declining turnover, reflecting more longer-term transactions
The market is currently preparing for the EMIR Refit implementation which is set to go-live on 29 April 2024 in Europe and five months later on 30 September 2024 in the UK