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
The bank will join the platform for its domestic repo operations, and will join the Canadian Derivatives Clearing Corporation to centrally clear its repo operations
Through the tokenisation of workflows, counterparties will be able to reference a single source, addressing challenges in existing workflows, such as inconsistent data sources, timing mismatches, and fragmented pipelines
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 report is the ninth in a series of guides on domestic repo markets, joining guides covering China, Japan, Indonesia, the Philippines, and South Korea, to name a few
