Further client adoption of Tradeweb’s electronic trading solutions has driven expansion in global repo activity on the platform, which generated US$527.2 billion for October
Created by ICMA’s European Repo and Collateral Council, the guide is designed to help avoid uncertainty and disagreements among market participants, helping to foster a more efficient and orderly repo market in Europe
Trading volumes on Eurex Repo have climbed to € 460.5 billion for October, also representing a significant month-on-month increase from the €385.1 billion average daily term-adjusted volume reported for September
The electronic trading platform and technology services provider says the new functionality offers further flexibility to clients, with efficient hedging for term repo trading
31 August 2023Switzerland Reporter: Jamie Richards
The International Capital Markets Association says the service will improve efficiencies in the process of negotiating and managing global master repurchase agreements
Trading during a recent 3-day trial was conducted using a simulated settlement environment, but Finteum plans to support live real money trades by the end of 2023. Natwest and UBS are named as two of 19 banking groups involved in the trial