Repo

The rule changes provide an update to the membership standards required of covered clearing agencies for the US Treasury market, with respect to a member’s clearance and settlement of specified secondary market transactions

ADIA, LSF and Afreximbank aim to increase the liquidity of African Sovereign Eurobonds and incentivise sustainable development goals in Africa

Panellists at this year’s Securities Finance Technology Symposium in London discussed the future of the repo market, as well as the advancement of alternative repo models such as sponsored repo and peer-to-peer lending

The London-based bank is the second client to go live since the launch of the sponsored repo solution in early October

The transaction settled a repo, digital bond purchase and redemption using regulated digital payment tokens across entities in Japan, Singapore and Switzerland

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