The service maintains the haircut typically posted by dealers to money market funds and other cash investors in triparty while implementing a CCP lien that is applied in lieu of both a sponsor guaranty and margin posting to the CCP
BrokerTec's overall ADNV for September was US$961 billion, up 16 per cent YoY across benchmark cash US Treasuries, European government bonds and US and EU repo
The new enhancement is designed to solve industry concerns regarding the need for enhanced margin and capital efficiency, in relation to the US Treasury clearing mandate
The Repo Foundation marks a pivotal expansion of Euronext Clearings capabilities, and introducing enhancements in margin efficiency and collateral optimisation
The total value outstanding of repos and reverse repos on the books of 61 institutions that took part in the survey hits a record high of 10,374.2 billion, a 12.8 per cent rise YoY and 7.2 per cent rise from the June 2022 survey
ICMA ERCC report finds that euro repo markets were orderly from an operational standpoint, but the 2021 year end was the most expensive for core repo since 2016