Euroclear鈥檚 Collateral Highway races ahead
27 January 2016 Brussels
Image: Shutterstock
Euroclear鈥檚 Collateral Highway mobilised an average of 鈧�1.06 trillion in collateralised transactions daily in 2015, a 20 percent increase over the prior year.
The group鈥檚 operating results for 2015 revealed that client assets held in safekeeping reached 鈧�27.5 trillion.
Euroclear delivered an all-time high of 鈧�674.7 trillion in the value of securities processed, as well as a record level of collateral outstandings at more than 鈧�1 trillion.
Joint venture DTCC-Euroclear GlobalColateral will also launch the Collateral Margin Utility this year, in a bid to connect the Collateral Highway and Depository Trust & Clearing Corporation鈥檚 collateral pools.
Tim Howell, CEO of Euroclear, said: 鈥淓uroclear has delivered another robust operating performance in 2015, benefitting from continued investments in both traditional products and new services such as the Collateral Highway.鈥�
鈥淲e continue to support the development of efficient and stable capital markets. We are resolute in our commitment to deliver the regulatory-driven initiatives in our European franchise, as well as providing new capabilities and services to clients around the globe.鈥�
The group鈥檚 operating results for 2015 revealed that client assets held in safekeeping reached 鈧�27.5 trillion.
Euroclear delivered an all-time high of 鈧�674.7 trillion in the value of securities processed, as well as a record level of collateral outstandings at more than 鈧�1 trillion.
Joint venture DTCC-Euroclear GlobalColateral will also launch the Collateral Margin Utility this year, in a bid to connect the Collateral Highway and Depository Trust & Clearing Corporation鈥檚 collateral pools.
Tim Howell, CEO of Euroclear, said: 鈥淓uroclear has delivered another robust operating performance in 2015, benefitting from continued investments in both traditional products and new services such as the Collateral Highway.鈥�
鈥淲e continue to support the development of efficient and stable capital markets. We are resolute in our commitment to deliver the regulatory-driven initiatives in our European franchise, as well as providing new capabilities and services to clients around the globe.鈥�
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