LCH saw €212 trillion nominal cleared by members throughout the year, which the clearinghouse says enabled them to benefit from the netting efficiencies of the EU’s Target2-Securities platform
11 September 2019 Brussels Reporter: Maddie Saghir
BIS says segmentation along collateral lines has been strengthened investors are increasingly driven by investors in search of specific collateral rather than investors seeking funding
RepoClear has cleared its first Variable Rate Repo trade indexed on €STR, with Credit Suisse among the first participants to clear the new rate at the clearinghouse, LCH
Electronic trading platform and market data provider MarketAxess has facilitated its first US repo trade through its automated confirmation engine between J.P. Morgan and Citadel
The chair of ICMA’s ERCC delivered the stark warning alongside the association’s latest report on the European repo market, which showed a 5.6 percent year-on-year market growth from June 2018.
The Insight GBP Liquidity Fund, which holds £24 billion as of 31 July, this week completed its first repo trade cleared by the RepoClear Sponsored Clearing service, which is operated by global clearinghouse LCH.
“Customers see the value of participating in the growing Australian repo market and want an efficient platform like ASX Collateral through which to transact” says Sasha Conopila
